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Differenciate between Competitive Adavantage and Competitive Exclusion?

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Question added by Emmanuel Wamweta , production supervisor , Tembo Steel Rolling
Date Posted: 2016/07/18
SHAHZAD Yaqoob
by SHAHZAD Yaqoob , SENIOR ACCOUNTANT , ABDULLAH H AL SHUWAYER

The competitive exclusion principle is an ecological principle stating that when two competing life forms attempt to occupy the same niche, only one outcome is possible: One life form will drive out the other. If any members of the other remain, it is only because they haveadapted, and are now living in a slightly different niche. The principle applies to all kinds of competitive agent, which includes both genetic and memetic life forms.

The competitive exclusion principle applies to the battle for niche succession that is going on right now between Homo sapiens (a genetic life form) and the modern corporation (a memetic life form). The niche is control of the biosphere. There can be only one winner. The loser will adapt by becoming the equivalent of a servant or slave to the winner. Our analysis argues that the modern large for-profit corporation has already won this epic battle on a global basis. This makes them the New Dominant Life Form.

As long as large for-profit corporations are dominant, the human system will exhibit short term behavior in general, since the goal of for-profit corporations is to maximize short term profits. This makes solving long term problems like sustainability impossible.

Competitive advantage is the favorable position an organization seeks in order to be more profitable than its competitors.

Competitive advantage involves communicating a greater perceived value to a target market than its competitors can provide. This can be achieved through many avenues including offering a better-quality product or service, lowering prices and increasing marketing efforts. Sustainable competitive advantage refers to maintaining a favorable position over the long term, which can help boost a company's image in the marketplace, its valuation and its future earning potential.

Emmanuel Wamweta
by Emmanuel Wamweta , production supervisor , Tembo Steel Rolling

Competitive Advantage refers to an internal factor that enables a firm or an organisation to have market superiority or leverage over its competitor on a sustainable basis WHILE Competitive Exclusion referes to an urguement that no two firms can co-exist if they make their living in an identical way

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