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The harshest complaints came from restaurateurs, who said that the trucks had an unfair competitive advantage, fostered urban blight, blocked traffic and were sometimes unsanitary.
To that end, many studies say that environmentally conscious-investing is improving financial performance while also driving a competitive advantage, fostering innovation and building customer loyalty.
It is improving financial performance, driving a competitive advantage, fostering innovation, building customer loyalty, improving risk management and attracting employees, Kline adds, noting that a preponderance of the studies performed show a positive correlation between sustainability efforts and shareholder value.
Familiar concepts like strategic fit and competitive advantage can foster a static approach to competition, while familiar techniques like portfolio planning and competitor analysis lead to strategies that rivals can easily decode.
Companies that emphasize convenience and price over the ability to foster connections will have a competitive advantage.
Building upscale hotels in Central L.A., an area with chronic underemployment, doesn't seem a promising economic strategy to upgrade worker skills there and foster industries that have a competitive advantage downtown.
The country also recognized that in order to compete economically as a small country in a new digital world, it needed to seek a competitive advantage by fostering a business climate that produced innovative technology.
As a global employer, General Motors GMGM) believes that a diverse workforce offers a competitive advantage and strives to foster an environment that offers the greatest opportunity for the increasingly talented and multicultural population.
But companies that foster sponsorship of their standout women will gain a competitive advantage in talent markets the world over.
At least that's the Commission's intention: To reset what has been judged an unfair competitive advantage for Google via Android, and foster competitive innovation because rival products get a fairer chance to impress consumers.
But such moves run counter to a growing awareness that in a world of rapid change and contending cultures, the breadth and flexibility of mind fostered by the liberal arts may offer a unique competitive advantage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com