how can communication help management function to gain advantage over it's competitors
Horizontal communication in organizations facilitates collaboration and information sharing among peers, promoting teamwork and fostering a sense of community. Its advantages include quicker decision-making and enhanced innovation due to diverse input. However, drawbacks can include potential miscommunication, as informal exchanges may lead to misunderstandings. Additionally, without clear hierarchies, accountability may become blurred, complicating project management.
It gives a chance of feedback
The advantage of grapevine communication is that it relays information fast. The disadvantage is that the information is usually unverified.
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.
Because people talk, unavoidably. However grapevine communication can be used to a companies 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.
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.
By eliminating waste, redundancy, and friction in the process of moving information, information economy business gain competitive advantage over their competitors.
It creates unity and comprehensive oneness within the organisation (advantage) keeps staff posted on the organisation's perfomance(advantage) from menzi ngobese, damelin college
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.
The advantage of downward flow of information in an organization is that it ensures clear communication of goals, policies, and directives from management to employees, helping to align the entire workforce with organizational objectives. However, a disadvantage is that it can lead to a lack of feedback and engagement from lower levels, potentially stifling creativity and causing disconnection between leadership and staff. This one-way communication can also result in misunderstandings or misinterpretations of the information conveyed.
Microkernels provide minimal process and memory management, in addition to a communication facility.
A cumulative advantage is the totality of the advantage that the business has compared to competitors. This includes employees, intellectual property, and business processes.
the role of communication
Comparative management advantage refers to the ability of a firm or organization to leverage its unique strengths and resources to achieve superior performance relative to its competitors. This advantage often arises from factors such as specialized knowledge, innovative processes, or efficient resource allocation. The function of comparative management is to identify, develop, and utilize these strengths to optimize decision-making, enhance competitiveness, and drive strategic initiatives, ultimately leading to improved organizational outcomes.
advantages of organisation and method team
comparative advantage