ultimately be attributed to the ownership of valuable resources that enable the company to perform activities efficiently at comparatively lower costs than its competitors. Superior performance will therefore be based on developing a competitively distinct set of resources and deploying them in a well-conceived strategy. Companies should abandon the areas of operations and dispense with activities where they do not possess a competitive advantage and concentrate their resources where they could attain competitive
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Decision-Making Process: Improving Our Ability to Make Decision Facing a situation‚ you have to decide. For example‚ the fire surrounds you: What do you do? Jump through the windows and risk to kill yourself or to wait the firemen and risk to be burned to death if they come to late? Every decision that we make or don’t make shapes our future. Everyone tries to make good decisions. However‚ it is easy to overlook an important factor‚ miss a desirable option‚ or base the decision on unreliable
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practice. COMPETENCY OF A SOCIAL CARE PRACTITIONER Social care according to Share and Lalor is a unique profession that requires variety of skills in the delivery of care and service. This standard skill varies from the aims of the service to the specific needs of the service users. Competencies in skills such as effective communication‚ ability to form professional relationship‚ accountability‚ confidentiality team work etc. are essential for social care profession. Competency according The
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The Factories Act‚ 1948‚Section 51 to 60: 51.Weekly hours: * No employee will work more than 48 hoours in a week. 52.Weekly Holidays: * NO worker will work on the first day of the week. * Incase he is made to work the he should get a holiday 3 days immediately before or after the first day for which the responsible manager has to send a notice to the inspector for approval which must be displayed in the factory notice board. 53.Compensatory holidays: * In case an employee
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What is core product? And what’s the relationship with core competence?A core product is not the actual product but can be defined as the benefit of the product that makes it useful to the purchaser. This benefit might be an intangible idea or concept connected with convenience‚ status or the ability to achieve a certain task quickly. This benefit gives the product value and meets the needs of the intended customer. The core product should be distinguished from the actual product and from the augmented
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The Impact of Core Competencies on Competitive Advantage 1. Introduction Companies need to learn to manage tomorrow’s opportunities as competently as they manage today’s businesses. The discovery of new competitive space is helped when a company has a class of technology generalists that can move from one discipline to another. The new market development can be geared up by developing the capability to redeploy the human resources quickly from one business opportunity to another. It is the top
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Bargaining power is the ability to influence the setting of prices. Buyer power refers to the ability of customers of the industry to influence the price and terms of purchase. The bargaining power of customers is also described as the market of outputs. The ability of customers to put the firm under pressure‚ which also affects the customer’s sensitivity to price changes. Bargaining power of buyers occurs when leverage is given to the buyer and demand for lower prices‚ increased quality and more
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Applicant : Low Wai Mun Norman Gender : Male Date of Birth : 15th March 1969 Nationality : Singaporean Residential Address : Blk 654C Jurong West St 61 #03-472 SINGAPORE 643654 Hand Phone Number. : 9820 8665 Email Address : normanlwm69@hotmail.com License : Class 3 Driving License POSITION APPLYING FOR Sales Executive PERSONAL PROFILE A highly motivated sale executive with 20 years experience in various
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How has the introduction of technology affected young children’s ability to play? Introduction When thinking of technology‚ many words spring to mind: innovative‚ fun‚ futuristic‚ essential. These positive words‚ however‚ do not encompass the whole of the issue of technology in the lives of young children. Technology‚ such as tablets‚ computers‚ smartphones‚ television‚ etc.‚ has become so essential in life that it has been forgotten how to live without it‚ and it is this attitude that can be pushed
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What is the human ability? Some could see us as running a mile‚ others could see it as committing a self-sacrificing act. It’s something I asked myself for a long time. What do we stand for? what makes us unique? what makes an ability “human”? In Ayn Rand’s Atlas Shrugged we see a privateer‚ a philosopher by the name of Ragnar Danneskjold who loves justice‚ who loves human ability but what is the so called ability he loves? A slogan made popular by Karl Marx and an idea which lead the company he
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