it can't.
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This question is not precise enough. What is a competitive advantage in marketing? Economies of scale? Getting the right message across that captures the customer?
Retail travel organizations gain a competitive advantage by leveraging technology to enhance customer experience, such as personalized recommendations and streamlined booking processes. They also focus on building strong relationships with suppliers to offer exclusive deals and packages, thereby attracting more customers. Additionally, effective marketing strategies and loyalty programs help retain customers and encourage repeat business. Lastly, providing exceptional customer service differentiates them in a crowded market.
They organise it in such a way so they can spot what people want within the market, essentially identifying a gap in the market in which they occupy to make their products exactly what consumers in the target market want
Sources of uniqueness that can help a company gain a competitive advantage globally include innovation in product design, proprietary technology, and distinct branding that resonates with diverse markets. Additionally, leveraging local market insights to tailor offerings can enhance relevance and customer loyalty. Strong intellectual property protections can also safeguard unique products or processes, while efficient supply chains and sustainable practices can distinguish a company in an increasingly eco-conscious global marketplace.
it can't.
Yes, that is a potential way to gain a competitive advantage. However, it is not only having the information, it is what that information means and/or how it is used.
IT in itself may not provide any competitive advantage, but when combined with the right approach and used a certain way in an information system, that can provide a big boost. If we compare the pre-computer and post-computer business approach, IT definitely brings more efficiency, productivity and less consumption of time, if used properly and with knowledge.
An organization's information systems support its operations by collecting, storing, processing, and delivering information to meet business needs. Information systems help organizations make informed decisions, improve efficiency, and gain a competitive advantage. The relationship is essential for the organization to effectively manage its data and processes.
By eliminating waste, redundancy, and friction in the process of moving information, information economy business gain competitive advantage over their competitors.
What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?
Companies use information systems to store and analyze customer information. With the information systems in place, the company can gain a competitive advantage.
It helps company to gain a competitive advantage
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Explain and discuss why organizations need to rely on groups and teams to achieve their goals and gain a competitive advantage
This question is not precise enough. What is a competitive advantage in marketing? Economies of scale? Getting the right message across that captures the customer?
timely and accurate information on current ee and potential ee in the labor market