Donnie Berkholz

56%
Flag icon
By their very nature, trade-offs are choices that make strategies sustainable because they are not easy to match or to neutralize. If there are no trade-offs, any good idea can be copied. Product features can be copied. Services can be copied. Ways of delivering value can be copied. But where there are trade-offs, the copycat will pay an economic penalty.
Understanding Michael Porter: The Essential Guide to Competition and Strategy
Rate this book
Clear rating
Open Preview