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
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One of the advantages of Laminated glass is its safety properties. Laminated glass would not scatter into dangerous fragments when it is broken . It will still remain intact while it breaks into a web pattern. This is because the vinyl inner layer inside it keeps the glass from scattering. Laminated glass can also reduce sound emission. It helps to reduce unwanted sounds and noise through the air space between the two panes of glass. The interlayer of the laminated glass also helps by absorbing
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Theory of Comparative Advantage Historically‚ nations have been trading with each other for hundreds of years for profit or because they do not have enough resources (land‚ labor and capital) to satisfy all the needs of consumers. For example‚ Japan has a highly skilled labor force that use technologically advanced equipment to produce cars and electrical equipment; however it does not have its own oil fields. Saudi Arabia has large supplies of oil‚ but lacks the built capital to produce cars
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WHAT ARE ADVANTAGES AND DISADVANTAGES OF TELEVISION ? Television is an important form of communication and has been for many years. Television brings important historical events‚ both positive and negative‚ directly into our homes. People don’t just read about current events‚ they experience them in real time. Television can also be a fine teaching tool – there are many television shows on the air that are informative and educational. The right television shows can teach our children about morals
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The competitive advantages of IKEA Low price and good quality more than competitors Good service High quality of design Wide varieties IKEA of Sweden AB (IoS) based in Älmhult‚ develops and makes the IKEA range available to stores and customers all over the world. The competitive advantages of IKEA is to offer wide range of well-designed‚ functional home furnishing products at price so low that as many people as possible can afford them. Their concept of high quality of design
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FIRST-MOVER ADVANTAGE TECHNOLOGICAL LEADERSHIP Experience curve Patents R+D‚ product development‚ process Ec. Scale production‚ distribution PREEMPTION SCARCE RESOURCES Patents‚ Physical – natural resources‚ products Channel space Lower prices Superior position - geográphical space - technological space - clients perceptual space - attractive niches FIRST – MOVER ADVANTAGE (2) GENERATES SWITCHING COSTS Attract clients Accept suppliers Quality uncertainty Brand loyalty Net effect
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skill‚ aptitude‚ physical fitness‚ classification in many other topics”. (para 3) Young’s and adults can have exams; there is not a particular age to have exams. However‚ some don’t agree that exams are important. This article will discuss the advantages and disadvantages of having exams. Firstly‚ a person will be able to know his performance. Exams encourage the performance of student. For instance if a person score low grade‚ it encourage him to work hard in order to score high grade. And also
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What are the advantages and disadvantages of increasing tourism activity in different countries? Tourism has been considered as an important industry field. Many efforts have introduced by the governments to improve the tourism. Thereby‚ the international travel fares are significantly decreasing and tourism is nourishing. As any phenomenon‚ Tourism does had advantages and disadvantages that will be analyzed in the following paragraphs. On the one hand‚ tourism is considered as a key to the
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time. A direct translation of this sentence into Chinese‚ for example‚ would not have the same meaning; in fact‚ it would not make sense at all. While the argument from both sides are equally compelling‚ it is clear‚ that despite the numerous advantages of students using their L1 in English-language learning‚ they do not outweigh the disadvantages. Is it possible to maximize the benefits and minimize the repercussions? Part II will provide suggestions for using the mother tongue judiciously in
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Sustainable Competitive Advantage The purpose of this essay is to discuss the meaning of sustainable competitive advantage with examples from hospitality industry. Kotelnikov (2001) states that “sustainable competitive advantage is the focal point of the corporate strategy. It allows the maintenance and improvement of the enterprise ’s competitive position in the market.” “Sustainability in the hospitality industry seeks to provide some answers to questions‚ attempts to resolve challenges and give
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