INTRODUCTION Competitive advantage(CA) is an advantage competitors gain by providing or offering customers or consumers greater value for their money through product and service differentiation or through lower prices. Maintaining competitive advantage is crucial to many businesses or organizations’ success in order to survive in the market. Competitive advantage is characterized by superior performance which could be an attribute to outperform the competitors whether current or potential; or gaining
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1. Competitive advantage A distinctive competence is a unique firm-specific strength that allows a company to better differentiate its products and/or achieve substantially lower costs than its rivals and thus gain a competitive advantage. Resources are financial‚ physical‚ social or human‚ technological‚ and organizational factors that allow a company to create value for its customers. Company resources can be divided into two types: tangible and intangible resources. Tangible resources are something
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October 15‚ 2010 Internet Advantages and Disadvantages affecting mostly everyone Many of us are clinging to the Internet than ever before. "Millions of Americans are now a click of the "mouse" away from instantly joining a worldwide computer communication network." (http://library.cqpress.com.ez.lib.jjay.cuny.edu). Some people weren’t aware of what the Internet was; so they end up figuring it out by other people. Throughout the years the internet has became popular in many ways. Since the
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Children with working parents In the past‚ a typical family consisted of a father who went out to work and a mother who stayed at home and looked after the children. Nowadays‚ it is the norm for both parents to work. This situation can affect children both positively and negatively. Some people think that the children of working parents are in an advantages position were their parents are able to afford more luxuries such as new clothes‚ video games or mobile phones. Proponents of this view argue
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Federalists Advantages Federalists had several advantages in promoting the Constitution over the anti-federalists. The Federalists were for the Constitution because they wanted a more conservative government‚ where as the anti-federalists were against it because they didn’t want the government to be in control of everything. George Washington‚ the first president of the United States‚ was one of many of the advantages the Federalists had over the Anti-Federalists. For starters‚ he was
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Advantages of the Smart Phone Blythe Oade Baker College Smart phones combine the versatility of cell phones‚ gaming consoles‚ PDAs‚ and personal computers into one handheld device. Whether people need them for personal or business use‚ they can find a smart phone to customize that meets their liking. “It seems America is getting hooked on the smart phone. We depend on these modern Swiss Army knives for everything from planning our schedules to checking the news‚ finding entertainment and managing
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Childcare and the Working Parent Tammy SOC 402 Contemporary Social Problems & the Workplace Instructor: Shannon Sellers December 16‚ 2013 Childcare and the Working Parent Since the 1970’s‚ one of the most drastic changes in the structure of the American family has been increased employment of mothers outside the home. The need for alternative childcare has become an issue. The need for childcare is an issue that most parents face when one or both parents work outside the home
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I have chosen the Comparative Advantage Theory for my key term to discuss. I chose this term because it has a great importance on world trade clearly help shape the pattern of world trade‚ and also to get a better understanding of the concept. Comparative Advantage is the benefit or advantage of an economy to be able to produce a commodity at a lesser opportunity cost. According to Satterlee (2009)‚ opportunity cost is the value of what had to be given up‚ or forgone‚ to consume or achieve the object
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pay. Parents are always happy to help and take care of their kids. One of the biggest benefits is that parents will charge little or not rent at all‚ and this will help you save enough money to stand on your two feet again or even buy your own house. Not having to come home to an empty place might also be a good thing‚ when you come home every night and there is someone to talk about how your day went. Also not having to do the laundry or cook for yourself are some of the advantages of living
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ADVANTAGES AND DISADVANTAGES OF USING INTERNET In the history of human mankind‚ the Internet has undoubtedly been the greatest development in the domain of communication industry. Internet has tremendous potentials and a lot to offer in terms of services. However‚ if examined carefully‚ the Internet appears to have not only advantages but also some drawbacks. One good point is that the Internet is a source of information. There is a huge amount of information available on the Internet for just
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