Industry must face to gain or maintain competitive advantage

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Reference no: EM132090111

What's the most important factors the industry must face to gain or maintain competitive advantage based off post below?

I would envision myself working in the innovation industry with either Samsung or Apple which are the two noteworthy driving organizations in the technology industry. What makes these organizations pioneers in the booming smart tech industry is their nature of advanced smart devices and services,the innovation they maintain and furthermore their capacity to infiltrate through the business while remaining ahead their peers within the industry. Through globalization and international influeince, these organizations have had increased popularity and therefore growing their business sectors.

Regardless of being at the top,these two organizations are presented to various risks.Competition from different organizations in the tech business is one of the major issues.In a few countries where these organizations have set up business,they have been blamed for innovation framework disappointments, increasing cost of commodity and an expansion previously within the industry. At the point when such outrages happen,these organizations chance in losing profits and may eventually have annihilating impacts of life span inside these associations.

Reference no: EM132090111

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