Capabilities and Competitive Advantage

How do Firms use Capabilities as a means of Gaining Competitive Advantage?

How do Firms use Capabilities as a means of Gaining Competitive Advantage?

Introduction

In this paper, we have to analyze how firms use capabilities as a means of gaining competitive advantage. While capabilities of a company consist of all the skills, resources and relationships, that are gathered to build their businesses. Companies that focus on achieving lasting competitive advantages are mindful of their capabilities. They generally considered the capabilities of their people, processes, organizational knowledge, in order to enhance their operations that can generate the distinction between ...