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Functional and Competitive Strategies

Understanding Competitive Advantage

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Competitive Advantage in nutshell is the outcome of Strategic Planning a company performs in an attempt to gain industry leadership through enhanced products and services not present in their competitors.  Companies are striving continuously to be leaders in their industry and it is important that they find differentiation strategies that sets them apart.  Consider the below companies.  With a little research and your general knowledge, identify three Competitive Advantage each that they possess over they direct and indirect competitors.  To best identify these advantages, you would need to know who their competitors are (companies selling the same or substitute products). Note: I intentionally grouped companies to make this exercise easier and more transparent to you.

 

See the example of what I am looking for in red for #1 and #2.  Give one more for each.

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  1. Delta Airlines
    1. Travel extended to more U.S. and International Cities than lower cost airlines.
    2. Atlanta, GA hub is the largest in the U.S. Most flights in and out than any other airline or airport.
  2. Southwest Airlines
    1. Free checked bags
    2. Lower cost tickets than major airlines
  3. Walmart
  4. Home Depot
  5. Keurig
  6. Medelco
  7. Verizon Wireless
  8. Sprint Wireless
  9. A Community College
  10. Yale University
  11. Payless Shoe Source
  12. Foot Locker
  13. Urgent Care
  14. Primary Care Physician
  15. OneLife Fitness Center
  16. Planet Fitness
  17. Rolex
  18. Seiko
  19. Mazda
  20. Mercedes Benz

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