there is a connection between culture and competitive advantage. what are two reasons why this connection is important?

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04-11-2022
Business

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there is a connection between culture and competitive advantage. what are two reasons why this connection is important?

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Sapanpanditidn Sapanpanditidn · Answer 1 · 2022-11-09T10:36:59-05:00

The relationship between culture and competitive advantage is crucial since it indicates where the majority of rivals' production facilities are located.

The relationship indicates which nations are more likely to develop the most competitive businesses. The relationship has significant effects on the decision of which nations to place industrial facilities and conduct business in.

Because it is exclusive to the business and cannot be duplicated, culture can be an organization's primary competitive advantage. Employees that are more engaged and fulfilled work for companies that cultivate the positive qualities of their cultures. And nobody is more crucial to your success than your team.

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