CORE COMPETENCIES OF BUSINESS STRATEGY Core competence an important business capability that gives it a competitive advantage‚ core product made from a business’s core competencies‚ but not for final consumer or ‘end’ user. To be of commercial and profitable benefit to a business‚ a core competence should: • provide recognizable benefits to consumers • not be easy for other firms to copy‚ e.g. a patented design • be applicable to a range of different products and markets. According to Hamel
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Although Bim trains its new employees about how to contribute to the company’s cost-oriented approach such as turning lights off when they leave‚ Bim gets many complaints about insufficient knowledge of its employees on products such as their ingredients‚ locations in the store. This insufficiency and weakness may be linked to the low training of employees about the company’s product portfolio. The other and probably the most important weakness of Bim is the association of Bim brand name as poor
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Assessment Materials BSBMKG501B IDENTIFY AND EVALUATE MARKETING OPPORTUNITIES To achieve competency in this unit you must complete the following assessment items. All tasks must be submitted together. Tick the boxes to show that each task is attached. Task 1. Group Project and Presentation Task 2. Individual Case Study Assignment If this is a group assignment each member of your group must complete a separate cover sheet and submit it with their own copy of this assignment. Before submitting
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Company –Strengths and weaknesses Analysis Remember this assignment is in continuity to the previous marketing assignment. Here we do a strength and weakness analysis for our company vis -a- vis competitors. We need to know: A. What special strength/ competence or assets company has to satisfy the needs of customers? B. Who competes with us in meeting those needs and what is their competence‚ strength or asset? C. Can we scale our own firm and the major competitors on those competencies and strengths
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can get happiness out of achievements and they love challenges. ENTJs don’t show much emotion. ENTJs can be ruthless and make up only three present of the population. ENTJ STRENGTHS AND WEAKNESSES ENTJs have much strength that can be extremely helpful in the workplace‚ but ENTJs strong personality can also be a weakness. Strengths • Efficient • Energetic • Confident • Strong-Willed • Strategic Thinkers • Charismatic • Inspiring Weakness • Stubborn • Dominant • Intolerant • Impatient • Arrogant
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BSBMKG 501B IDENTIFY AND EVALUATE MARKETING OPPORTUNITIES JISOO PARK Cotton on- Australian based clothing retailer Profile The Cotton On brand was founded on the surf coast of Victoria Australia in 1991 with a single store and a handful of employees. In 14 years the company has grown to over 70 retail stores Australia wide‚ with a further 20 stores planned for the 05/06 financial year. Primarily‚ Cotton On operates as a ‘design to retail’ business allowing huge flexibility over the design
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Third‚ although USC has few weaknesses‚ as I presented in above paragraphs‚ some of the weaknesses are fixed or improved actively by the USC. According to USC website and what Steven said‚ the department of public safety‚ as a police station‚ has 306 full-time personnel and 30 part-time student workers. Those people would work for 24 hours and keep a watchful eyes on the screens that show the conditions around the campus. Beside that‚ the department of public safety also promoted many policies or
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Several strengths the system offers are data being available in real time; the police work is performed in a more efficient manner‚ a by-product of streamlining resources and performing work more efficiently is that the cost of preventing crimes decreases. Another strength is that because the data is non-biased it helps eliminate any possibility of discrimination and doesn’t impugn upon any
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Pattern remains amongst the most popular systems to assess these heroic individuals‚ it does in fact have its limitations. As the scoring system was essentially designed in an effort to discredit the historicity of Jesus Christ‚ there are many weaknesses within the system when interpreting
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STUDENT ASSESSMENT GUIDE Unit of competency name| Identify and evaluate marketing opportunities| Unit of competency number| BSBMKG501B| Unit Purpose On successful completion of this unit you should be able to actively seek out and assess marketing opportunities in terms of viability and suitability to the organisation. You should also be able to turn the assessed marketing opportunities into reality – by scoping the implementation process and getting buy in from management and other key
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