Unit 2 Discussion – Competitive Advantage and Sustainability


 

Discussion Prompt(s)

  • Discuss the concept of competitive advantage and how important it is to a small business.
  • Identify and describe some competitive advantages a small business can build.
  • One dictionary defines “sustainable” as “to keep up or keep going and an action or process.” What value would a ‘sustainable competitive advantage” offer an entrepreneurial business over a competitive business model without sustainability?