Economy Framework with Sectoral Reports
Competitive advantage is a distinguishing feature that specifies the position of the business in the market to gain an advantage over competitors.
This advantage is demonstrated by the fact that the enterprise achieves and maintains its profitability level above the industry average.
Organizations that define opportunities as creating inequality can allow the company to legally earn and maintain economic rent beyond perfect competition.
In the globalizing world economy, the intense and destructive competitive environment forces businesses; leads to the search for new, different products and services.
A new value, a new market, a new cost and a management approach that will drive this strategy are needed to stand out from the destructive competitive conditions.
Thus, businesses will be able to continue their lives by determining their own direction. In the last quarter century, Michael Porter's "Competitive Strategy" approaches have been widely used in the field of strategy and have been studied in detail.
Porter's approaches stand out as an accepted model in the analysis and management of competitiveness in the business world.
In today's world, where competition is getting fiercer on a global scale, countries are making intense efforts to increase their competitiveness in order to have a larger share in the global market.
A clear and detailed assessment of the national and international competitiveness of the regions is the task of regional policy makers and senior managers of government institutions.
To provide the opportunity to compare with other regions during decision-making processes, to determine the policies, to monitor the development of the performance level of the region over time, and to
It will play a guiding role in analyzing how not only companies but also regions compete in the world market.