Oakwood Wk 3 Entrepreneurial Global Comparative and Competitive Advantage Discussion
Question Description
As shared in the Week 3 overview, central to understanding trade among nations are the concepts of comparative advantagethe superior features of a nation that provide unique benefits in global competition, and competitive advantagethe assets and capabilities of a company that are difficult for competitors to imitate” (Cavusgil, Knight, & Riesenberger, 2020, pp. 122-123). For this discussion, consider the company you selected for your W3 assignment, including the alternative location options. Describe the comparative advantage for the country choice, as well as the competitive advantage of your selected company.
Video links:
Michael Porter on Competitive Advantage
https://www.youtube.com/watch?v=vu-cFbTsY8U
Tamara Carl Comparative advantage
https://www.youtube.com/watch?v=zNO6Jiqe0zU
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