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Four basic requirements to ensure competitive advantage

See attached article.

- Identify the four basic requirements that are mentioned in Wright and McMahan (1992) article (attached) to ensure a source of sustained competitive advantage?
- Look at your organization and try to assess whether or to what extent the four basic requirements are met.
- Discuss the implication of that to the success of your organization.
- Suggest ways to add improvements to this HR process.

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Identify the four basic requirements that are mentioned in Wright and McMahan (1992) article (attached) to ensure a source of sustained competitive advantage?
- Look at your organization and try to assess whether or to what extent the four basic requirements are met.
- Discuss the implication of that to the success of your organization.
- Suggest ways to add improvements to this HR process.
A competitive advantage arises when a company is implementing a value creating strategy that no other competitor is currently implementing. A sustained competitive advantage occurs when competitors stop trying to replicate the advantage.
In order to ensure sustained competitive advantage, four criteria must be met
1) The resource must add positive value to the company
2) The resource must be ...

Solution Summary

The expert identifies four basic requirements to ensure competitive advantages for the HRM.

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