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According to Porter (1985) competitive advantage can be defined as “When a firm sustains profits that exceed the average for its industry”. Conclusion: Competitive advantage can be conceptualized with measurable financial and/or non-financial dimensions and tested in future empirical studies for model fitness. The intervention is the converging points of the objectives to be achieved by this study and the comparison is to situate the findings within the body of knowledge and in relationship with past related studies. Firms need to manage the factors that contribute towards competitive advantage to ensure their survival. In these studies, competitive advantage is investigated as the dependent variable i.e., the consequence. In events of economic recession and adversities, the bank helps in hedging risk and financing tangible investments2. Table 4 presents the antecedent factors of competitive advantage and the relationship as shown in the empirical findings. FACTORS INFLUENCING SUSTAINED COMPETITIVE ADVANTAGE AMONG TELECOMMUNICATION FIRMS IN MALAYSIA. It specifically addresses what the organization has in stock that will achieve advantage in the competitive market. Unlike comparative advantage, which is determined by largely unchangeable factors, competitive advantage can be created. Reputation and quality are critical factors influencing the study destination of students at all levels. A fourth factor that fits in with a long-term competitive advantage is relationship. The pricing decision is potentially a very complex one because it often has to adjust to the requirements of different groups within the firm. Banks are expected to be well-capitalized and imbibe restricted lending culture to avail the much needed sustainable growth and development3,4. FACTORS INFLUENCING COMPETITIVE ADVANTAGE OF SAVINGS AND CREDIT COOPERATIVES ORGANIZATIONS (SACCOS) IN KENYA (Case study of Deposit Taking SACCOs in Nairobi County) KANINGU Catherine1, Prof. WARUE Beatrice2, MUNGA Jane3 1MBA (Strategic Management) Student: Kenya Methodist University 2,3 Lecturer: Kenya Methodist University Factors influencing competitive advantage The competitive advantage of Tesco Plc has a significant impact on its operational efficiency, profitability and customer base[ CITATION Pau141 \l 1033 ]. Competitive advantage is the capacity of a country (or on smaller scales, of a company) to offer higher levels of value to consumers than other countries, companies, etc. In summary, competitive advantage is the same term as firm/organization performance when measured with constructs that reflect the organization growth or in terms of innovation and other associated constructs. View Factors_Influencing_Competitive_Advantage_in_Banki.pdf from BUSINESS MISC at University of Malta. Innocent competes in a dynamic and complex environment. They are used as metrics when competitive advantage is investigated as dependent variable. This provides a more expansive content of antecedent factors of competitive advantage in banking sectors, compared to what was reported by Heywood and Kenley21, Giudice and Peruta23, Militaru and Ionescu30, Mimosette and Djeumene34, Barrett et al.9, Majeed11, Prescott19 and Kraja and Osmani31, among others. Citation: Karuoya, L. N. (2014). The global practice of banking organizations is to stimulate national economic growth by increasing operating revenues, deposit and credit facilities. The financial measures are mostly characterized with Return on Assets (ROA) and Return on Equity (ROE) to measure yearly turn-out profit of the company. Identifying these factors that influence competitive advantage in banking sector will contribute to practitioner’s understanding of the practical factor that are related to achieving competitive advantage. Factors Influencing Competitive Advantage in Banking Sector: A Systematic Literature Review: Emad Ali Kasasbeh, Yoshifumi Harada and Idris Md Noor: Abstract: Background: The economic importance of banking institutions to national development has been a motivating factor for the sector’s bid towards developing and implementing arrays of frameworks for competitive advantage. Conducting the review: The review is conducted using Ahmed and Salim15 Population-Intervention-Comparison-Outcome-Context (PICOC) format. Very few studies have focused on this area and most of the studies are focused on the logistics industry’s overall Materials and Methods: This study employed Systematic Literature Review (SLR) as a research method. Faculty : Economics and Management . 4.3.7 perceived factors facilitating competitive advantage 74 4.3.8 culture and individual consideration 76 4.4 conclusion 77 chapter 5: conclusion 79 5.1 introduction 79 5.2 factual conclusions 79 5.3 conceptual conclusions 81 5.4 chapter conclusions 83 reference list 84 According to economic theory, companies compete with each other in the marketplace. Clearly, a high number of competitors of equal size will lead to more intense rivalry. Video created by Ludwig-Maximilians-Universität München (LMU) for the course "Competitive Strategy". Cost Leadership and Differentiation. There will be less rivalry when a clear leader exists (at least 50 % larger than the second). On another hand, competitive advantage is seen as a performance construct which shows a phenomenon of organizational progress. This notable disparity in the conceptualization and operationalization of competitive advantage, more specifically in the narrow context of banking sector, motivated this study. All the competitive advantage factors are rated higher for the MNC subsidiaries whose relative market share from a dominant competitor is more than 1.5 times (Table 5.28). Factors influencing sustainable competitive advantage among cut flower companies. Porter’s diamond suggests that there are four factors that influence competitive advantage: factor endowments, firm strategy/structure/rivalry, demand conditions, … It is also similar to comparative advantage, but not identical in nature. J. Musiega Douglas 1 MBA (Strategic Management) Student, 2Msc … Articles that are not related to the defined themes are excluded from the collation. Specifically the study sought; to determine the influence of product innovation, information technology, managerial capacity and relationship with suppliers on supermarkets’ competitive advantage. Competitive advantage comes about from general elements described in competitive advantage and from types of innovation described in innovation.The strongest forms of competitive advantage come from business model innovation and management innovation.Below are categories of questions to prompt creative thinking of the possibilities for creating a competitive advantage with a business … 69. The results also indicated that disruptive technology is a strong influence on customer loyalty. Mutua Shedrack Mbithi, 4Dr. S Factors Influencing Competitive Advantage within the Beer Manufacturing Sector in Kenya: A Case Study of East Africa Breweries Limited In either of these cases, the position of the construct in the research model determines the adopted measuring dimensions. Innocent has focused on th… Technology rose as a major factor in competitive advantage with the industrial revolution. The SLR is a method of identifying, evaluating and interpreting available information regarding a research topic, topical questions or interest15,16. In these stances, constructs like strategic planning, competitive intelligence, corporate social responsibility, innovation and creativity are used as synonyms to competitive advantage6-8. Planning the review: Planning the review phase is essential in achieving an unbiased result. The antecedents factors of competitive advantage are found to be (electronic) quality of service or/and management, corporate social responsibility, strategy formulation, (electronic) marketing innovation and creativity, customer orientation and market differentiation. Competitive advantage of the banking institutions is therefore an important institutional framework to achieve success in the global competitive market. C Factors influencing competitive advantage in the banking sector Context Understanding the broad view of conceptualizing competitive advantage and its antecedent factors 69. Context Understanding the broad view of conceptualizing competitive advantage and its antecedent factors. Factors influencing competitive advantage The competitive advantage of Tesco Plc has a significant impact on its operational efficiency, profitability and customer base [ CITATION Pau141 \l 1033 ]. Factors Influencing Competitive Advantage among Supermarkets in Kenya: A Case of Nakumatt Holdings Limited 1Mumassabba Janet, 2Muchibi M. Wilbrodah, 3Dr. DEVANDRAN MUTHU . We also conducted comparison tests on subsidiaries with relative market shares of more than 1 versus less than 1 ( Table 5.29 ). ABSTRACT This study sets out to investigate the factors that influence sustainable competitive advantage among cut flower companies in Naivasha District, taking specific cases of two companies which for this purpose we will refer them as company A and B. The investment analyst firm Market Realist identified brand strength, innovation, supply chain management and premium pricing strategy as key factors in the company’s competitive advantage. It is the main strategy of detecting relevant literature review and how information is obtained from the primary study. The antecedents factors of competitive advantage are found to be (electronic) quality of service or/and management, corporate social responsibility, strategy formulation, (electronic) marketing innovation and creativity, customer orientation and market differentiation. By . Target market segmentation. The concept of competitive advantage has received considerable interest from researchers. March 2019 . Almost every business takes into consideration the external factors such as political, economic, and legal and many others to keep growth and gain competitive advantage. In this regard, past related studies are sought and collated. Responsiveness to customers, organization core competence and cost effectiveness are also examples of the non-financial measures of competitive advantage and when it is mostly investigated as independent variable. The production factors that can be a source of competitive advantage are: 1. The research design was a survey which looked at all the forty three commercial banks in Kenya. The results imply that customer loyalty is an important component in the creation of competitive advantage for customer retention. With the emergence of the digital economy and shorter product/service life cycles, Corpus ID: 55682858. The SLR usually defines the review protocol by specifying the topic to be researched and the method customized in conducting the review. Conceptualizing competitive advantage for banking organization: The conceptualization of organization competitive advantage is often determined by the nature of the organization being investigated. This clearly shows that strategy, through different conceptualizations like innovation, quality management and corporate social responsibility have been found to be related with competitive advantage. Competitive advantages that accrue from scale typically refer to supply-side advantages, such as the purchasing power of a large restaurant or retail chain. SME third-party logistics Thus, in-depth research in the area of influencing factors of competitive advantage progression on third-party logistics is still lag. Identifying these antecedents are essential for conceptualizing and investigating constructs that are related to competitive advantage in the banking sector and extending the previously-proposed related conceptual models. To achieve this objective the study made use primary data only collected through questionnaires sent to 37 Micro Finance . https://scialert.net/abstract/?doi=rjbm.2017.67.73, SLR research design (Adapted from Kitchenham, Summary of the review on competitive advantage, Summary of dimensions where competitive advantage are studied as independent variable, Summary of the antecedent factors of competitive advantage, It provides a banking institutional focus definition for competitive advantage that measures both financial and non-financial dimensions, It identifies the antecedent factors of competitive advantage in the banking sector, It presents the methodological approach of using Systematic Literature Review (SLR) in answering research questions. It is a more dynamic, strategic concept. The research questions of this study can be summarized into two: (a) What are the measuring dimensions of competitive advantage and (b) What are the factors influencing competitive advantage in the banking sector? The specific objectives were: Competitive advantage as an organizational construct has also been disparately defined and conceptualized in different terms and measures, many of these are inconsistent with banking’s institutional focus. By … Creative product development process best explained the non-financial measure. Table 2 and 3 present the summaries of the review on competitive advantage and the dimensions of competitive advantage when investigated as dependent (i.e., consequence) and independent (i.e., cause) variable, respectively. Chairman : Kenny Teoh Guan Cheng, PhD . The SLR consists of review protocol which specifies the topic to be researched and the method customized in conducting the review. Reporting the review: The findings of the SLR are reported through a step-by-step description and explanation of the phases conducted and the result found through the research process. In such cases, constructs like organizational performance, operational efficiency, financial performance, financial sustainability, organization creativity8 and innovation9,10 have also been used in describing competitive advantage10-13. Antecedents factors of competitive advantage: Several previous studies have attempted to conceptually discuss banking institution’s competitive advantages with respect to its causative factors generally35-37. Of communication to advertise to respective segments success in the global competitive market in achieving an unbiased result Case., 2Muchibi M. Wilbrodah, 3Dr strategies for creating competitive advantage among TELECOMMUNICATION in! 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