... answer. Discuss how understanding and managing these different elements can create sustainable competitive advantage?
Answers (1)
What are you talking about? Those words might apply to a lot of subjects, and very different reasoning in each.
Example: successful people usually don't know how they did it, they only know it took a lot of effort. So if it doesn't work for another person, they assume he must be lazy.
Success of a company is a very different matter and much more predictable (but still not 100%).