4P25: Sustained competitive advantage Flashcards
Types of advantage-creating resources that both organizations may contribute to the IOR
4 key: rareness, value, inimitability, non-substitutability
rare, inimitable, non-substitutable, durable, complementary (fit), scarce, low tradability, durable, non-tradable, distinctive/idiosyncratic
provide 4 core competencies for the Canada 2022 summer games
- promote Canadian sport 2. develop young athletes 3.longevity/reputation 4. tourism and community enhancement in the Niagara region
Exp of a rare resource for CSG 2022 and Tim Hortons and how they can be used to attract customers
CSG: High end amateur multi sport sporting event
- advertise as exclusive event based on quality
Tims: product capabilities
- advertise CSG on side of their cups
Exp of a inimitatable resource for CSG 2022 and Tim Hortons and how they can be used to attract customers
CSG: Nationally recognize, only one of its type
- advertise is exclusivity to customers, CSG coming to your community is an outstanding opportunity
Tims: most coffee shops in Canada
- Advertise as Canadas top coffee shop
Exp of a non-subtitudable resource for CSG 2022 and Tim Hortons and how they can be used to attract customers
CSG: HIghest level amateur athletes
- once in a life time opportunity to see future olympians
tims: brand
- positive reputation with regards to community engagement etc
Exp of a durable resource for CSG 2022 and Tim Hortons and how they can be used to attract customers
CSG: Infrastructure
- for the long term good of the city, will be used for years to come and associated fodly with CSG
Tims: Reputation as a community based company (timbits hockey, summer camps, etc)
- Strongly associated with community
Exp of a complimentary (fit) resource for CSG 2022 and Tim Hortons and how they can be used to attract customers
Emphasis on community enhancement:
- CSG: can host charity events/sports camps for underprivileged youth in partnership with tims
Exp of a distinctive/idiosyncratic resource for CSG 2022 and Tim Hortons and how they can be used to attract customers
CSG: Community engagement towards the love of sport
- can use this to sell tickets merch, etc all in the spirit, but can also use this to positively impact the Niagara region via economic stimulation and promotion of health
Tims: Community leadership
- in collab with CSG can help to play a major role in helping accomplish goals regarding continued emphasis on physical health via exercise and mental health via community and play
provide 4 core competencies for Tims
- Brand equity
- community leadership (especially via sport)
- customer service
- Product capabilities