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When searching for competitive advantage, which characteristic of a strength or weakness (values, rareness, inimitability, sustainability)...

When searching for competitive advantage, which characteristic of a strength or weakness (values, rareness, inimitability, sustainability) is the most important in healthcare organizations? Discuss your response

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Answer #1

Competitive advantage refers to the advantage that is received due to special features and distinctions of an organization . When searching for competitive advantage, values are most important in Health Care organizations. This is because trust is the base of the healthcare business. When the organization has high level of values, there is a greater trust from the clients of the organization. This attracts the clients towards the services offered by the organization and this enhances the competitive advantage of the healthcare firm.

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