Corporate Strategy "Sources of competitive advantage rarely yield added value that can be sustained over time." The following essay is going to attempt to assess the above proposition and try to find if it is possible to add value continually over a period of time. I will first discuss what competitive advantage is and what it means to a firm. Then I will explain the sources of competitive advantage and how the distinctive capabilities of a firm allow it to sustain added value. The discussion
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What are the advantages and disadvantages of intellectual property in the digital age? Intellectual property (IP) is an umbrella term that covers copyright‚ patents‚ trademarks‚ designs‚ circuit layout rights‚ plant breeders’ rights and confidentiality and trade secrets. Each of these terms covers a different type of property that is made up of knowledge. Many of these terms cover physical objects‚ however it is the idea behind them that counts and needs to be protected. The above terms are all
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http://www.ehow.com/facts_5788552_benefits-open-campus-lunch_.html Budget * If students are allowed to leave campus and their parents’ homes are nearby‚ students can save money on lunch and eat from home. Social Contact * Students may spend time with others who they may not see if the lunch was confined to on campus. Students can go out and eat with friends. Outside * If it’s a great day outside‚ students can eat outdoors and enjoy the sun for a half-hour or so. This could
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1. Competitive advantage A distinctive competence is a unique firm-specific strength that allows a company to better differentiate its products and/or achieve substantially lower costs than its rivals and thus gain a competitive advantage. Resources are financial‚ physical‚ social or human‚ technological‚ and organizational factors that allow a company to create value for its customers. Company resources can be divided into two types: tangible and intangible resources. Tangible resources are something
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Federalists Advantages Federalists had several advantages in promoting the Constitution over the anti-federalists. The Federalists were for the Constitution because they wanted a more conservative government‚ where as the anti-federalists were against it because they didn’t want the government to be in control of everything. George Washington‚ the first president of the United States‚ was one of many of the advantages the Federalists had over the Anti-Federalists. For starters‚ he was
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ADVANTAGES OF PRIVATE PARTIES( EG: RELIANCE POWER) 1.Private Parties can bargain for prices with suppliers. 2.They are using Chinese Power Equipments. 3.The Limiting Factor of NTPC in competitive bidding are CVC Guidelines which do not allow Commercial secrecy of bidding offers submitted to NTPC by the vendors. NTPC Bidding Process Before submitting bids for the power projects‚ NTPC invites bids from its vendors who supply equipment for the project. NTPC decides its bid on the basis of
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Topic 1: Advantage of using ICT as tool for teaching and learning process in higher education institution.. What is ICT?According to Oxford Dictionary ICT stands for Information and Communication Technology as is defined for “the study of the use of computers‚internet‚video and other technology ” (Mclntosh & Turnbull‚ 2005). ICT originally is applied to serve as a means of improving efficiency in the educational process (Jones and Knezek‚1993) as cited in The Turkish Online Journal of Educational
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Medicare Advantage The article I found is about Medicare Advantage and its main points are basically about how Obama and some democrats think that it is waste of money to have. But not everyone agrees with them. A Medicare Advantage Plan is a type of Medicare health plan offered by a private company that contracts with Medicare to provide you with all your Part A and Part B benefits. Medicare Advantage Plans include Health Maintenance Organizations‚ Preferred Provider
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recent years with the popularization of e-books available online and e-readers that allow a person to carry a virtual library anywhere. With all the changes‚ there are some advantages and disadvantages brought by e-books. Is it feasible that it will disappear one day as its disadvantages outweigh its advantages? Advantages 1. It helps people who have trouble with their vision I believe many of you must have come across some difficulties during reading. You may complain how small the words are
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Q4) what are the advantages and disadvantages to a firm of operating on a large scale? Economies of scale fall under microeconomics and are the cost advantages a business obtains due to expansion. As scale is increased they cause a producers average cost per unit to fall. Microeconomics (from Greek prefix micro- meaning "small" and "economics") is a branch of economics in which you study the behaviour of how the individual firms make decisions to allocate limited resources. Normally‚ it applies
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