Cash study Case Example | Topics and Well Written Essays - 750 words

Cash - Case Study Example The growth in these sectors not only brings in additional income and revenue in the economy but also ensures that it remains stable. The decision by the Indian government to ease restriction on foreign ownership has attracted foreign players into the telecommunication, hospitality, aviation and transport industry. All these have led to economic growth thus making India a land of opportunities. The Indian government has continued to show a lot of interest in foreign investments. Policies intended to attract more investors have been passed. 2. The resources and capabilities of the international hotels are considered to be among the fundamental sources of competitive advantage within the areas they are operating in. Most of these international hotels have been in operation for quite a long time and they own several properties in various world locations. According to Enz (2010), international firms and hotels have resources that allow them to not only have an upper hand compared to local hotels but also attain superior performance. The advantage can be sustained over a long period of time to an extent that such hotels are able to protect themselves from resource imitation, substitution and even transfer. Armstrong (2011) points out that a company’s internal resources which include cash and other capabilities are more important than the external factors when it comes to achieving and sustaining competitive advantage. Resources like employee, experience and skills basically help in exploiting opportunities and also neutralizing potential threats. 3. India continues to grab headlines for its economic growth and boom. The high growth rates have not been ignored in the global discussion. International firms have therefore decided to open up their deep pockets as part of their investment strategies in the global markets. Despite the rising need for the services, the local firms and chains must come up with policies that will not only allow them