1 Sustainable Competitive Advantage Resources are the assets‚ capabilities‚ processes‚ information‚ and knowledge that an organization controls. Firms use their resources to improve organizational effectiveness and efficiency. Resources are critical to organizational strategy because they can help companies create and sustain an advantage over competitors.3 Organizations can achieve a competitive advantage by using their resources to provide greater value for customers than competitors can. For
Premium Strategic management Competition
The Effects of Globalization in the Philippines As defined‚ the term globalization refers to the development of an increasingly integrated global economy marked especially by free trade‚ free flow of capital‚ and the tapping of cheaper foreign labor markets. Globalization has offered considerable controversial impact. It has been viewed as a process that is a key to the development of the world economy where effects are inevitable and irreversible. Some regard it with hostility‚ fear that increases
Premium Economics Globalization Unemployment
(“Corporate”‚ 2008). Strategic Alternatives and Recommendations The Corporate Strategy of the Motorola Corporation deals with the three key factors below: 1. Directional Strategy – the firm’s overall orientation toward growth‚ stability‚ or retrenchment. 2. Portfolio Strategy – the markets or industries in which the company competes with its products and business units. 3. Parenting Strategy- How the management coordinates their activities and transfers their resources and cultivates their
Premium Mobile phone Wireless Strategic management
How to deal with rumors on the grapevine By Kim Harrison‚ Consultant‚ Author and Principal of www.cuttingedgepr.com If managers and supervisors don’t attend to the communication needs of their staff‚ there is no vacuum of information. Instead‚ the informal avenue of rumors grows‚ frequently putting a destructive slant on organizational happenings when employees are uncertain. Some people say that up to 70% of the information employees receive is via the grapevine. Information via the grapevine
Premium Organizational communication Public relations Communication
The marketing system is very important than the producing of any of goods and services.The points of view of producer‚ middlemen and consumers are different‚ but each is interested with his profit. From the producer point of view it is important to know whether the prices prevailing in the market enable him to continue to produce or not‚ and what he should produce and where and at what time he should sell it. A consumer looks at marketing from the point of view of commodity and the prices at which
Premium Marketing Economics
ASSIGNMENT Title: Unit 7 Business Strategy L01 1.1 Explain strategies contexts and terminology- missions‚ visions‚ objectives‚ goals‚ core competencies Mission: this is generally composed in type of an announcement clarifying the general objectives or the key motivation behind an association. Mission identifies with the qualities and desire of all the significant stakeholders including clients. Vision: it is an impulse or portrayal of what an organization might want to attain later on. It gives
Premium Strategic management
Art & science of formulating‚ implementing‚ and evaluating‚ cross-functional decisions that enable an organization to achieve its objectives Some Examples • Geographic expansion • Diversification • Acquisition • Market penetration • Retrenchment • Liquidation • Joint venture Strategic Management: It includes: 1. Making Strategies (Decisions) 2. To work upon those strategies Strategic Management: Strategic Management is concerned with making decisions (strategies‚ implementing
Premium Strategic management Strategic planning Strategy
CAUSES OF INDUSTRIAL SICKNESS IN MAHARASHTRA… A STUDY (with special reference to Dombivli Industrial Estate‚ District Thane‚ Maharashtra State) Growing incidence of sickness has been one of the major problems faced by the industrial sector of the country. Substantial amount of loanable funds of financial institutions is blocked up in sick industrial units causing not only wastage of resources but also affecting the healthy growth of the Indian Economy. While the government’s spokesmen blame
Premium Industry Finance Capitalism
in to APSA Connect to download the rest of the issue‚ where they will find full citations and further contributions by Chad Bown‚ Edward Mansfield and Helen Milner‚ and Douglas Irwin. ***** Recessions are a time of economic uncertainty and retrenchment. In the absence of a clear path to recovery and the cooperation of other states‚ countries turn inward and their governments pursue policies to ameliorate the effects of the economic downturn. One set of policy instruments mobilized during recessions
Premium Business cycle Great Depression Economics
Assignment 1.3 External Factors and the Real Estate Industry By Karen Chapman 11 November 2012 Assignment 1.3 Index: 1. The demographic environment: 1.1 Cultural diversity trends and developments Page 3 1.2 Demographics of own area‚ vs. national demographics and trends Page 3 2. The economic environment: 2.1 The current economic environment Page 3 2.2 Socio-economic factors Page 4 3. The political environment
Premium Real estate