the principal sources of competitive advantage are lower costs of production and a differentiated product offering.
Innovation is important because an organisation's competitors is innovating, so if an organisation doesn't innovate, it gets left behind.
competitors
Database is important in any type of organization for various reasons. This is what will store information and keep track of activities that relate to the organization among others.
An advantage of a knowledge work system is the ability to leverage that knowledge against your competitors. A disadvantage is the fact that the knowledge workers can leave your organization at any time.
HR is called the most important asset because the organization run by the human being and human resource are the image of any organization. If the employees are well trained and skilled then they do work for the organization and show well performance and by which the organization earn profit as well as build good image in the competitive environment. The employees struggled to get competitive advantage by get profit against the competitor.
Innovation is important because an organisation's competitors is innovating, so if an organisation doesn't innovate, it gets left behind.
Commercial awareness is a deeper understanding of a organization by being aware of its customers, competitors and suppliers. It's important because then you understand what the current trends in the industry is for the organization and its suppliers.
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competitors
How can a company marketing organization ensure that it is able to identify newly emerging competitors in time to plan and execute an effective marketing strategy in response to these competitors?Read more: How_can_a_company_marketing_organization_ensure_that_it_is_able_to_identify_newly_emerging_competitors_in_time_to_plan_and_execute_an_effective_marketing_strategy_in_response_to_these_competitors
An organization or country that is engaged in commercial or economic competition with others
To have a chairmanship is to have status within any organization.
Market growth is important to any organization than market share because it shows progression.
Database is important in any type of organization for various reasons. This is what will store information and keep track of activities that relate to the organization among others.
The family is the most important social unit.
Management is very important to any organization. Good management will lead to the organization being able to achieve its goals.
what happend if the Information is received late