QUESTION;
Watch this video clip entitled, "Sustained Competitive Advantage" and then explain causal ambiguity? How does it happen and what can be learned from it? Provide at least one example.
POST BY Tara;
Causal ambiguity is known as the unknowing of how a company has their competitive advantage, what they do to obtain their successes, and how to go about achieving it for themselves. Companies always want to maintain their competitive advantage and in order to do so they need to stay one step ahead, be rare, and give their customers something that no one else can.
Causal ambiguity happens when other companies in the same industry can’t seem to figure out how the other company gets their advantage. An example of this would be Google. Google’s main competitive advantages are their infrastructure, innovative services, and their market share. Google has a vast technology infrastructure, one that is very difficult to replicate. Google has over 100 different services available, most of which are free to users. Currently, Google holds 88.47% of the market share in Internet searching.
Sample Solution