Compare & Contrast Strategies

  After choosing one of them, use the following article What Is ; https://www.thebalance.com/what-is-competitive-advantage-3-strategies-that-work-3305828 as a basis for examining the company’s competitive advantage. McDonalds Tractor Supply Company (TSC) Dollar Tree Sherwin-Williams Beyond Meat Compile a post that demonstrates how your firm of choice could use economics to either create a competitive advantage in the marketplace or perhaps reinforce its already-achieved competitive advantage. Make sure you address the full range of economic issues, including scarcity, markets/competition, pricing power (price elasticity), costs, market structure, macroeconomic climate, and global market positioning. Note, not all of these companies have a global strategy in place. Should they? Explain your answer Your initial response should be 400 to 600 words in length and include two academic sources that are properly cited. It is due by the end of the fourth day of the workshop. Link - https://www.thebalance.com/what-is-competitive-advantage-3-strategies-that-work-3305828