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It's certainly possible to overcome reputational advantages with exceptional analysis or exceptional service, but it isn't easy.
It's possible, in fact, that the crisis, instead of eroding the reputational advantages of the big banks, ended up bolstering them.
They are, therefore, more likely to become first movers in a market and erect formidable barriers to entry through scale or learning economies, positive network effects, or reputational advantages.
Benefits to domestic firms include: access to financing for innovative projects, technological learning, sharing of future royalties, and reputational advantages of working closely with major global enterprises.
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She spent her time focused on Cohen's testimony that Trump would falsely inflate the value of his assets in settings where he could gain financial or reputational advantage — and then deflate them in other instances for the same reason.
Like other American manufacturers of photovoltaic panels, ECD has for years enjoyed a technological and reputational advantage over foreign makers.
Responsibility has direct benefits: it helps you to retain more dedicated employees, develop organizational resilience, innovate faster and better, avoid the trap of successive market lies, build a durable reputational advantage, increase customer loyalty, fashion an enduring differentiation, simplify internal politics and communication; and so much more.
There is also a reputational advantage.
To enhance economic stability or reputational advantage, trustees often feel driven to act quickly and decisively.
"If workers generally became aware that the scheme was being operated in a capricious and arbitrary way, the company would risk frittering away the reputational and motivational advantages of putting in place such a generous scheme".
Motivations offered by the firms can be generalized into three interrelated categories: reputational benefit, competitive advantage and philanthropic health impact.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com