V. The Competitive Advantage of Nations A. Overview Porter is a famous Harvard business professor. He conducted a comprehensive study of 10 nations to learn what leads to success. Recently his company was commissioned to study Canada in a report called "Canada at the Crossroads". Porter believes standard classical theories on comparative advantage are inadequate (or even wrong). According to Porter‚ a nation attains a competitive advantage if its firms are competitive. Firms become
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Advantages/Disadvantages Advantages of bonds Bonds as an investment instrument bring a lot of advantages to the bond holders. Firstly‚ bonds are more stable than stocks. Investing in bonds involve lower risks compared to stocks. Normally‚ bond holders are more likely to receive the coupon rate (interest) from bond issuers. So‚ there is very less chances that bond holders will lost out on their investment. Also‚ they can feel relieved when they invest in the reliable investment and taking less
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Advantages Truss bridges have many advantages that make it more useful for everyday use. The truss bridge is very economical to build and uses very few resources. It uses light materials and small loads of timber or whatever it is being made of. It is also one of the stronger bridges that can be built. The trusses on top of the bridge make it very strong because the triangle shape takes away much of the pressure and spreads the pressure to the triangles and takes it away from the road part of the
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Dell’s Competitive Advantage Dell is officially the No. 1 computer systems company in the world. Dell is able to sustain a competitive advantage over competitors in the computer industry because of an extremely efficient supply chain/distribution system. Dell is able to achieve superior profits in the industry because they are a knowledgeable user of information‚ communication‚ e-commerce‚ e-business‚ internet‚ and web technologies. Michael Dell states that Dell is so successful because of
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Communication can also be very helpful but sometimes it can be very dangerous Advantages of verbal communication are saving of time‚ saving of money‚ more effective‚ knowledge of reaction of message‚ clear doubts and increase in productivity and efficiency. While for disadvantages of verbal communication are lack of proof of message‚ not suitable for future reference‚ not suitable in case of distance. The greatest advantages of verbal communication‚ first is saving of time. Under this system of communication
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There were several advantages being a puritan like making good decisions just by following the bible‚ placing God above all‚ and how the community worked in unity. The reason why puritanism was considered a good thing was due to Puritans living closely by the bible and making better decisions in life. Puritans lived by the ten commandments and by what the bible says. An example of puritans living by the bible is not to steal‚ commit adultery‚ murder‚ and many more.Others may say that it’s a
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the near future”. Therefore‚ the trend for employee diversity is increasing and it should be wisely for thinking how to manage employee diversity but not is avoid it. Advantages of Employee Diversity There have many advantages in employee diversity and I am going to discuss three main advantages of it‚ one main advantages of it is let the employee to be learning and growth to more creativity. Andrade state that “Creativity increases when people with different ways of solving difficult problems
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Question Why did the Malaysian Government introduce National Service? Discuss the advantages and the disadvantages of National Service. Which do you support? Why? Contents 1. Introduction : page 2 2. Advantages versus Disadvantages : page 3 to 6 3. Discussion : page 7 4. Conclusion : page 7 5. Appendix A: Summary of Major Incidents : page 8 6. Appendix B: Newspaper Cutting on a Coma Case : page 9 7. Appendix C: A General Time Table of PLKN
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Competitive advantage is when a firm sustains profits that exceed the average for its industry‚ the firm is said to possess a competitive advantage over its rivals. The goal of much of business strategy is to achieve a sustainable competitive advantage. There are two main types of competitive advantage. Cost advantage and differentiation advantage. A competitive advantage exists when the firm is able to deliver the same benefits as competitors but at a lower cost(cost advantage)‚ or deliver benefits
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Facebook‚ Twitter‚ Youtube dan LinkedIn. These social networking websites create an online community of Internet users‚ each offering different advantages of social networking to its many members. There are three common advantages of social networking and there are communication‚ up-to-date information and business opportunities. The first advantages of social networking site is that the people can communicate regardless of distance from each other at very low cost. Relationships among family
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