The Relation between Competitive Advantage and Strategic Approach: Analytical Study of the Pharmaceutical Industry in Palestine
Keywords:
Competitive Advantage, Strategic Approach, Analytical Study, Pharmaceutical Industry, PalestineAbstract
In the present research , the researcher tried to study the impact of the
strategic choice on the competitive advantage using a major hypothesis stating
that : there is a significant relationship between the strategic choice in the
sphere of general competitive strategies and the competitive advantage
enjoyed by pharmaceutical companies . Upon data analysis a conclusion
was reached that the majority of Palestinian pharmaceutical companies are
inclined to adopt the differentiation strategy on a higher degree of adopting
the strategy of cost leadership . The present research also affirmed the
existence of a positive relationship between the strategic choice and the
competitive advantage enjoyed by the Palestinian pharmaceutical companies.
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