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How can purchasing help to improve the competitive edge of an organization?
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When responding to inquires if the information being shared will give anotehr individual an unfair advantage or competitive edge it is considered to be?
competition sensitive
Which area do you believe contributes most to helping a company gain a competitive advantage?
Price, service and location can contribute to a company's competitive edge. Sometimes, one of the above elements is enough but should be weighed against other factors. A price that's low in comparison to XYZ Mart gives a business an advantage. Many people will go out of their way to find a bargain. A company's service is like a business card. It represents you, your business. A company with quicker service and good results could have a competitive edge. A company that's easily accessed has a competitive edge. People are likely to do business where there's no hassle getting to and from a location. Still, all elements have to be looked at in totality.
How can competitve advantage be obtained through recruitment and selection?
A competitive edge can be obtained through recruitment and selection by recruiting the brightest personnel. The employees would then contribute ideas that put the company at the top.
What are the three tests that distinguish a winning strategy?
1. The Goodness of Fit Test : A good strategy has to be well matched to industry and competitive conditions, market opportunities and threats, and other aspects of the enterprise's external environment. At the same time, it has to be tailored to the company's resource strengths and weaknesses, competencies, and competitive capabilities. 2. The Competitive Advantage Test : A good strategy leads to sustainable competitive advantage. The bigger the competitive edge that a strategy helps build, the more powerful and effective it is. 3. The Performance Test : A good strategy boosts company performance. Two kinds of performance improvements are the most telling of a strategy's caliber: gains in profitability and gains in the company's competitive strength and long-term market position.
What investment services does Bank of America offer to its customers?
Bank of America currently offers Merrill Edge Investing that includes resources and ways to improve finances such as preferred pricing, integrated banking & investing, and investment resources.
When did Competitive Edge Motorsports end?
Competitive Edge Motorsports ended in 2006.
When was Competitive Edge Motorsports created?
Competitive Edge Motorsports was created in 2004.
What hAS US manufacturers done to regain a competitive edge?
In an attempt to regain a competitive edge, United States firms have
When was Career Edge Organization created?
Career Edge Organization was created in 1996.
What does competitve mean?
A competitive market is defined as a marketplace where there are a lot of producers of similar products. The more choice there is for products the more likely that price competition will exist and keep prices in check
Definition of competitive edge?
the intensity of desire or enjoyment
What are the release dates for Extreme - 1995 Competitive Edge 1-5?
Extreme - 1995 Competitive Edge 1-5 was released on: USA: 23 March 1995
What kind of stress reduces a competitive edge?
uncontrolled stress
What kind of stress provides a competitive edge?
Controlled stress
What are the release dates for The Rockford Files - 1974 The Competitive Edge 4-19?
The Rockford Files - 1974 The Competitive Edge 4-19 was released on: USA: 10 February 1978
Can competitive sports push you over the edge?
no but your poor sexual life can..
How would you ensure that you acquired new skills to maintain your competitive edge?
wewewe
