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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?
Wiki User
∙ 14y ago
how can communication help management function to gain advantage over it's competitors
Wiki User
∙ 14y ago
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What is the advantage of interactive model of communication?
It gives a chance of feedback
What is the advantage of transactional model of communication?
Good communication is established by a transactional mode of communication as their is constant feedback. It usually works best when their is a small number of people.
Advantages and disadvantages of grapevine communication?
The advantage of grapevine communication is that it relays information fast. The disadvantage is that the information is usually unverified.
Why organisations can't avoid grapevine communication?
Because people talk, unavoidably. However grapevine communication can be used to a companies advantage.
What are the advantages of traditional communication methods?
One advantage of traditional communication methods is that it is cheaper than many other forms of communication. Traditional communication can also feel more personal.
What is the difference between competency and competitive advantage?
core competence is one which critically underpins the organisation's competitive advantage. Companies can differentiate themselves from their competitors with specific core competencies, but often not for long. The differentiation is difficult to sustain and can often be imitated by competitors. Whilst a core competence is a source of competitive advantage, not all competitive advantages arise from core competencies.
What is the difference between core competency and competitive advantage?
core competence is one which critically underpins the organisation's competitive advantage. Companies can differentiate themselves from their competitors with specific core competencies, but often not for long. The differentiation is difficult to sustain and can often be imitated by competitors. Whilst a core competence is a source of competitive advantage, not all competitive advantages arise from core competencies.
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.
What are advantages and disadvantages of yield management?
An advantage of yield management is the ability to set up a competitive pricing strategy to lure more customers in and away from competitors. However, a disadvantage is that if the yield management is forecast wrong or too low, revenue may be lost.
Discuss five advantages and disadvantages of house journals as a medium for management -staff communication?
It creates unity and comprehensive oneness within the organisation (advantage) keeps staff posted on the organisation's perfomance(advantage) from menzi ngobese, damelin college
What is the main advantage of the microkernel approach to system design?
Microkernels provide minimal process and memory management, in addition to a communication facility.
What is your advantage in communication?
the role of communication
What is cumulative advantage?
A cumulative advantage is the totality of the advantage that the business has compared to competitors. This includes employees, intellectual property, and business processes.
Which describes comparative advantage?
Existence of lower opportunity cost then competitors
The existence of lower opportunity costs than competitors?
comparative advantage
How can a company gain a competitive advantage over its competitors?
mask work
Is licensing proprietary technology to foreign competitors is the best way to give a firms competitive advantage?
Licensing proprietory technology to foreign competitors is the bes way to up a firms competitive advantage discuss
