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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.
Small firms survive by producing quality products. They also leverage any other competitive advantage they may have in the industry.
Strategic Alliance: Is an alliance(a business strategy) in which two or more firms own different percentages of the company they have formed, by combining some of their capabilities and resources for creating a competitive advantage in the market. For Example: In Pakistan (Karachi), "own % of RBS,Barclays and CitiBank" when combine together their resources & capabilities they form a competitive advantage now named as "FAYSAL BANK".
Performance dimensions on which customers expect a minimum level of performance. Superior performance on an order qualifier will not, by itself, give a company a competitive advantage.
1-global efficiencies 2-multinational flexibility 3-worldwide learning
e-business and IT help organizations in achieving sustainable competitive advantage?
The central thrust of a company's strategy is undertaking moves to build and strengthen the company's long-term competitive position and financial performance by competing differentlyfrom rivals and gaining a sustainable competitive advantage over them.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
when buyers prefer its products over competitors' in the long term
"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 strategic management process is a method by which managers conceive of and implement a strategy that can lead to a sustainable competitive advantage. There are five parts to it.
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It simply is another way of saying competitive advantage. It is something that your company is doing differently than its competition, which in turn results in a better or more positive customer response. It is the advantage one business has over another that is sustainable and translates into a benefit that is important to target customers.
sustainable things save energy and non sustainable things don't help the environment
Competitive advantage can come from products, employees and operations. When a firm has a competitive advantage, they are able to operate as a leader within their industry.
Capabilities are more likely source of competitive advantage, especially relatively sustainable ones. A key reason for this is that the organization's nurturing and support of core competencies that are based on capabilities is less visible to rival and as such is harder to understand adn imitate. Only when a capability is Valuable,Rare,Costly to imitate and Non-Substitutable is a core competence and is a source of competitive advantages.
Capabilities are more likely source of competitive advantage, especially relatively sustainable ones. A key reason for this is that the organization's nurturing and support of core competencies that are based on capabilities is less visible to rival and as such is harder to understand adn imitate. Only when a capability is Valuable,Rare,Costly to imitate and Non-Substitutable is a core competence and is a source of competitive advantages.