Primary means of sustaining a competitive advantage

Assignment Help Business Management
Reference no: EM131242865

‘The primary means of sustaining a competitive advantage is to adjust faster to the environment than your competitors do.' Critically discuss this statement explaining the implications for the organisation and the benefits of managers understanding the six-step strategic management process.

Reference no: EM131242865

Questions Cloud

Communities of practice : Discuss how understanding and managing ‘Communities of Practice' can contribute strategic value in organisations.
Compare and contrast their faith as found in assigned pieces : Why do you think Aesop's fables are generally regarded as children's literature today? Do you think this classification is accurate? Why or why not? Are fables/stories are a good way to convey life lessons/morals? Why or why not? Would the fables ..
Discuss two tools that could be applied by managers : Discuss two tools that could be applied by managers when facing a strategic dilemma. Explain which tool would be more useful in this context.
What is the influence of the particle size on the porosity : The particle size of sand is about 1 mm. Gravel particles are much larger, of the order of magnitude of 1 cm, a factor 10 larger. The shape of gravel particles is about the same as that of sand particles. What is the influence of the particle size..
Primary means of sustaining a competitive advantage : ‘The primary means of sustaining a competitive advantage is to adjust faster to the environment than your competitors do.' Critically discuss this statement explaining the implications for the organisation and the benefits of managers understandin..
Brief description of the organization and workgroup selected : Brief description of organization and/or workgroup selected for the project. Brief explanation of why you selected the chosen organization and/or workgroup. Description of the organizational and/or workgroup challenge.
Write a brief analysis of the persuasive techniques : Look around you at all the ads, banners, signs, etc., that litter our world. Write a brief analysis of the persuasive techniques.
Discuss the impact of group size on group behaviour : Discuss the impact of group size on group behaviour, group cohesiveness, and productivity.
On which side of the tower would that building have been : Another explanation for the leaning of the Pisa tower is that in earlier ages (before the start of the building of the tower, in 1400) a heavy structure stood near that location. On which side of the tower would that building have been? P

Reviews

Write a Review

Business Management Questions & Answers

  What is the current business model of industry

What is the current business model of industry you chose? What are the technological challenges in this current model? What are the emerging models?

  Research the organizations mission statement

Describe the organization, what it does, the customers it serves, and its size. Research the organization's mission statement. Discuss the role HR will play (or does play) in fostering the organization's mission statement.

  Ethically appropriate or otherwise

Provide a synopsis of the articles select in 100 or more words and elaborate further to discuss why you believe the stated policy is ethically appropriate or otherwise. Please submit references for each article using the APA guidelines.

  Develop a process map depicting the product flows

4. Develop a process map depicting the product flows for the HDTV supply chain and note the potential problem areas and bottlenecks that may impact the success of Team HDX.

  Re-writing your goals in s.m.a.r.t. goal format

Write summary of how re-writing your goals in S.M.A.R.T. goal format changed the way you look at the goals. Your summary should have between 500 - 750 words (approximately 2 - 3 pages) using Microsoft Word.

  Three primary causes of voluntary turnover

For the three primary causes of voluntary turnover (desirability of leaving, ease of leaving, alternatives), might their relative importance depend on the type of employee or type of job? Explain.

  Homework-quantitative risk analysis

Create a decision tree for an issue from your experience. It can be for any decision at all. Discuss your results and the relevance of the tool in this decision.

  A flexible workforce is a great way to fill the business

a flexible workforce is a great way to fill the business needs without making commitments to hiring. temporary or

  Prepare a swot analysis of panera bread

What recommendations will you provide to the executives regarding the actions Panera Bread needs to take to strengthen its competitive position?

  Supporting data to improve one decision making abilities

i. Why is past experience so important to managers today, and how applicable is it in decision making? ii. Develop three approaches to eliminate bias and stick to supporting data to improve one's decision making abilities.

  What is the current market price of the bonds

The bonds have a 8.60 percent coupon rate and pay interest annually. The current market rate of interest on the Fresh Water, Inc. bonds is 11.69 percent. What is the current market price of the bonds?

  Financial analyst for the private equity firm

You are employed as a Financial Analyst for the private equity firm Celash, Byrne &Moovon.  They are considering approaching either the management of Company A or Company B (choose from the list below) to discuss with management their possible int..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd