3 Types of Competitive Advantage Competition Demystified

Think Statically, Act tactically

strategy describes the destination and how we are going to get there and tactics describe the specific action you are going to take along the way overall the rule of thumb is doing strategically and tactically but before leader choose what strategy that best for the company

there are three kinds of genuine competitive advantage 
1. supply 
2. demand and 
3. economic of scale

Competitive Advantage: Supply

Competitive Advantage: Demand

Competitive Advantage:  economic of scale