0
The concept of competitive advantage in business organizations?
Wiki User
∙ 14y ago
A Competitive advantage describes the ability of a firm to be better at something than all other firms in that industry. This advantage allows the firm to differentiate their product/themselves by being 'better' than their competition.
Not to be confused with comperative advantage, which focuses on a firms ability to be better at something COMPARED to another firm.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
Why ethics is a fundamental business concept?
Why is ethics seen as a fundamental business concept
Define and explain the concept business research?
concept is also know as antity
What concept provides the basic rationale for international trade?
comparative advantage
Is a concept whereby organizations consider the needs of all stakeholders when making decisions?
Corporate Social Responsibility
The concept of competitive advantage is as important for non-profit organizations as it is for?
"The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer. "The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations Do you agree with this statement of not Explain with examples to justify your an?
The concept of competitve advantage is as important for non- profit orgnizations as it is for profit orgnizatios Do you agree with this statement or not? Explain with examples to justify your answer.
What is the definition of affimative action?
Affirmative action is a way of giving an advantage to underrepresented groups in competitive areas such as employment or education. The concept is used worldwide.
How did teams begin in business?
Teams, which began as social-technical-business experiments as part of the total quality management concept, have become an accepted norm in a majority of organizations.
What are the advantages and disadvantages of business entity concept?
The advantage of the sole proprietorship is that the owner of the business enjoys all the profits alone. The disadvantage is that the owner of the business bares all losses alone.
What is the difference between a traditional concept of business and a modern concept of business?
The traditional concept of business is profit motive but the modern concept of business is service oriented.
The PSM Net concept is based on your organizations security relationship with .?
organization
Business entity concept?
According to this concept, business is treated as a unit separate and distinct from its owner.
Why ethics is a fundamental business concept?
Why is ethics seen as a fundamental business concept
How did the marketing concept turn business upside down?
It was accepted that organizations should make only what they could market instead of trying to market whatever they could make.
Explain the concept of management and bring out is importanc in present day organizations?
explain the concept of managemen
