Competitive Advantage: Question 1/2: A competitive advantage is a position that a firm occupies in its competitive landscape. Cost advantage Cost advantage A firm possesses a sustainable competitive advantage when it has value-creating processes and positions that cannot be duplicated or imitated by others‚ that lead to the production of above normal rents‚ in that it provides a long-term advantage that is not easily replicated. Sources of competitive advantage: Competitive advantage Competitive
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A management information system (MIS) is a system that provides information needed to manage organizations effectively [1]. Management information systems are regarded to be a subset of the overall internal controls procedures in a business‚ which cover the application of people‚ documents‚ technologies‚ and procedures used by management accountants to solve business problems such as costing a product‚service or a business-wide strategy. Management information systems are distinct from regular information
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The Advantages of Stupidity Most people say being stupid will lead no where. They claim that it is the worst possible condition in which to spend one’s life‚ and if possible‚ it should be completely avoided. They would even suggest if the symptoms of stupidity are caught in the early stages‚ it could easily be treated by a surgeon. The most effective method used to do this is the chainsaw technique‚ later described in volume two. Yet‚ perhaps if people took a closer look at some of the
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their knowledge‚ to stand together with the other developed countries and Malaysian students need to continue learning Science and Mathematics in English because it is a dominant language of the developed countries. Finally‚ based on these three advantages‚ its can make Malaysian people have a better life. Malaysian need high education to improve their knowledge. According to Noor Azimah‚ the Ministry of Education (MOE) not force the students to change their mother tongue in English but the MOE
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COMPETITIVE ADVANTAGE Companies all seek a competitive advantage‚ as that will give them the opportunity to sustain profits that exceeds the average in their industry. The three major competitive advantages are differentiation‚ cost and response. Companies can therefore either gain a competitive advantage by offering a unique product differentiation‚ by offering similar products at a lower cost or by offering products at a time and place where the customer are in need of the product. Differentiation:
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Advantage Science gives us safe food‚ free from harmful bacteria‚ in clean containers or hygienic tins. It also teaches us to eat properly‚ indicating a diet balanced in protein and carbohydrate and containing vitamins. The results is freedom from disease and prolonged life. In pre-scientific days‚ food was monotonous and sometimes dangerous; today it is safe and varied. It is varied because through improved sea‚ land and air transport food can now be freely imported and exported. Science has also
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Developing Sustainable Competitive Advantages 1. Customer Loyalty: Customers must be committed to buying merchandise and services from a particular retailer. This can be accomplished through retail branding‚ positioning‚ and loyalty programs. A loyalty program is like a "Target card. " Now‚ when the customer uses the card as a credit card‚ Target can track all of their transactions and store it in their data warehouse‚ which keeps track of the customer’s needs and wants outside of Target. This
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This is a loaded question with many potentially right answers. The potential advantages for using a computer depend closely on the intended use. Given a few potential uses‚ here are some of my thoughts: For writing: • Quick entry • Easy to edit and restructure • Many tools to produce various kinds of output (html‚ text‚ books‚ pdf documents‚ etc.) • Storage is inexpensive and doesn’t take up much space • Easy to search/navigate through documents For organization • Many different kinds
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started to think about these questions I’ve been able to change the answers. I haven’t gotten any shorter or more intelligent but by actually thinking about the question I’ve been able to give the correct answer. I started to realize that I was being asked the same questions over and over around sixth grade. I wasn’t even thinking about high school back then let alone college and beyond so I still had some time to figure out the right answers to these questions. “Wow do you play basketball?” Teachers
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The doctor is one of the main characters in John Steinbeck’s novel "The Pearl". Author used this character as a symbol of evil. Steinbeck showed the doctor as a prejudice who treated simple poor people as animals. He was such a greedy person that moral responsibilities did not exist for him. Over the years spent in La Paz he became a professional liar instead of a doctor. Before a medical student is granted a doctor’s degree he must to say a Hippocratic Oath. In that oath each student swears to
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