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  • 标题:IRRATIONALITY: SOURCE OF SUSTAINABLE COMPETITIVE ADVANTAGE?
  • 本地全文:下载
  • 作者:Md.Fazla Mohiuddin ; XIAOCHEN QIN
  • 期刊名称:European Journal of Business and Social Sciences
  • 印刷版ISSN:2235-767X
  • 出版年度:2013
  • 卷号:2
  • 期号:5
  • 页码:32-44
  • 出版社:European Society of Business and Social Sciences
  • 摘要:This paper examines the possibility to combine intuitive marketing with rationalistic marketing approach in a structured way to create competitive advantage that would last longer. Firstly, it explores different models available to understand competitive advantage (e.g. Porters five forces model), then it tries to analyze the effect these model has on competitive advantage if irrationality (e.g. aesthetics, symbolism) is included in these models. From rationalistic view, we took Michael Porters Five Forces model and then we applied a new model on five forces model which includes irrationality. We conclude that if beauty or irrationality is applied on the rationalistic models in a proper way, firms have a better chance of creating competitive advantage that is sustainable.
  • 关键词:Competitive Advantage; Brand Management;Irrationality; Sustainability
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