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Organizational competitiveness refers to a company's ability to effectively position itself in the market to outperform its rivals. This involves leveraging unique resources, capabilities, and strategies to deliver superior value to customers, enhance operational efficiency, and adapt to changing market conditions. Key factors include innovation, quality of products or services, cost management, and customer engagement. Ultimately, a competitive organization consistently meets or exceeds market demands, ensuring long-term sustainability and growth.
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What is strategic competitiveness?
Strategic competitiveness is achieved when a firm successfully formulates and implements a value-creating strategy.
In what ways does organizational change differ from organizational development?
The organizational chart is a reflection of the completed and implemented organizational development.
Why is Distribution important?
Access to customers (place, time competitiveness) Customer service, brand support Costs - price competitiveness Asset Utilization- inventories, fixed assets
MBO emphasizes translating overall organizational objectives into?
specific objectives for organizational units and individual members
What influences organisational buying?
there are many reasons of organizational buyng,following are the major reasons of an organizational buying:Low costQualitycustomer preferencesconnivance
What is organizational efficiency?
Organizational efficiency refers to the ability of an organization to optimize its resources—such as time, money, and personnel—to achieve its goals effectively and with minimal waste. It involves streamlining processes, improving productivity, and ensuring that operations align with strategic objectives. High organizational efficiency typically leads to cost savings, improved performance, and enhanced competitiveness in the market. Ultimately, it is about maximizing outputs while minimizing inputs.
What is organizational excellence?
Organizational excellence refers to the systematic approach an organization takes to achieve outstanding performance, efficiency, and effectiveness in its operations. It encompasses quality management, continuous improvement, and a strong focus on customer satisfaction. By fostering a culture of innovation and collaboration, organizations strive to align their processes and goals with best practices and stakeholder expectations. Ultimately, organizational excellence leads to sustainable success and enhanced competitiveness in the marketplace.
How does the government help competitiveness?
how dose the government help competitiveness
When was Council on Competitiveness created?
Council on Competitiveness was created in 1986.
When was Competitiveness Policy Council created?
Competitiveness Policy Council was created in 1988.
When was Institute for Economic Competitiveness created?
Institute for Economic Competitiveness was created in 1998.
What is organizational rigidity?
Organizational rigidity refers to a lack of flexibility within an organization, often characterized by strict adherence to established rules, processes, and structures. This inflexibility can hinder innovation, adaptability, and responsiveness to changing market conditions or external challenges. As a result, organizations may struggle to evolve, leading to decreased competitiveness and employee dissatisfaction. Addressing organizational rigidity often requires fostering a culture of openness, encouraging experimentation, and empowering employees to make decisions.
What is strategic competitiveness?
Strategic competitiveness is achieved when a firm successfully formulates and implements a value-creating strategy.
How to use competitiveness in a sentence?
Here's an example: "Thomas' competitiveness is getting the best of him and raising his huge ego".
Who is the Minister in Charge of Industrial Competitiveness for Japan?
Toshimitsu Motegi is the Minister in Charge of Industrial Competitiveness for Japan.
What is Institute for Economic Competitiveness's motto?
Institute for Economic Competitiveness's motto is 'Nationally Recognized, Locally Focused'.
What is cost competitiveness?
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