Competitive Advantage in a Monopolistic Market?

Competitive Advantage
Knowledge Center

 

Next Topic

Competitive Advantage > Forum > Competitive Advantage in a Monopolistic Market?

Competitive Advantage in a Monopolistic Market?
Masiye Mangwana
Can Porter's competitive advantage work in monopolistic markets, such as utility companies where the product they sell is unique (water or electricity) and can't be sold by other parties? (...) Read more? Sign up for free
 

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


 
Competitiveness in a Monopolistic Market
fahrie haris, Manager, Indonesia, Member
Considering Ohmae's 3 C's (company, consumer, competitor) analysis, water and electricity is a rather monopolistic market, there's hardly any competition here. I believe there's little reason to apply Porter's competitive advantage theory in such cases.
Perhaps it's better to focus on operational excellence instead.
 

 
Yes, Even in a Monopolistic Market, You Can Gain Competitive Advantage
Bernhard Keim, Business Consultant, Germany, Premium Member
In a monopolistic market the purchasing power of the consumer at some point becomes your competitor. People won't be able to spend unlimited amounts on your product, they might just cut back their budgets for your products. Your share on their wallet is limited. They always have a choice to spend more on you, or for something else.
 

         
Special Interest Group Leader

Interested? Sign up for free.


Competitive Advantage
Summary
Forum
Best Practices


Competitive Advantage
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.4 - Last updated: 23-2-2020. All names of their owners.