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Q: How can a company gain competitive advantage over competitors?
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How can a company gain a competitive advantage over its competitors?

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Could a company gain a competitive advantage in its respective industry by having access to more information over its competitors?

Yes, that is a potential way to gain a competitive advantage. However, it is not only having the information, it is what that information means and/or how it is used.


What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?

What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?


How can information management improve a business?

By eliminating waste, redundancy, and friction in the process of moving information, information economy business gain competitive advantage over their competitors.


Use of internet technologies help a company gain a competitive advantage?

If one company uses the Internet to tell customers what the sell and where the company is based then more customers will know about the company


What are the various ways in which communication can be used to support the management functions in an organisation in order to gain an advantage over ones competitors?

how can communication help management function to gain advantage over it's competitors


How can information help an organization gain a competitive advantage?

it can't.


How information can help an organization gain competitive advantage?

it can't.


How can you describe four trends in the global business environment that have made information systems so important?

It helps company to gain a competitive advantage


Why do all organizations need to rely on groups and teams to achieve their goals and gain competitive advantage?

Explain and discuss why organizations need to rely on groups and teams to achieve their goals and gain a competitive advantage


How human resource management can be instrumental in helping a company to create competitive advantage?

If we want to proof human resource as an instrument for gaining competitive advantages in a company we should focus on two things, one is competitive advantage and another is human resource management process. We know if any side of a company is more efficient than other companies in between a same industry is called competitive advantage. Competitive advantage is something that means, to achieve the goals how my internal resources support me. Competitive advantage is related to internal resources of an organization. On the other side we know human resource is the most important and most effective resource for any organization. Human resource is something that has no alternative for achieving the organizational goals. By using this tool one organization can gain it's goals The preconditions for achieving competitive advantage are many but low cost and high productivity are the most important for gaining competitive advantages. If a company has a efficient work force or human resource that is technologically advanced and flexible it's may be possible for that company to gain more competitive advantages into the respective industry. By formulating and executing the work force of a company it can achieve its goals and it can also increase its productivity. More productive the company more advantages in the market. Productive company can fulfill the demand of a market. BY: CHARITY YATTS


How can coca cola gain competitive advantage in marketing?

This question is not precise enough. What is a competitive advantage in marketing? Economies of scale? Getting the right message across that captures the customer?