Essays on Competitive Advantage

Having the right knowledge both about your business, market, and competitors and managing that knowledge key factor to the success of business organizations in all their activities. It is very important for any business to keenly utilize this data about the organization so as to gain a competitive advantage over their fierce competitors. One key factor that the business should consider in their operation is knowledge management (Von Krogh, 2009). (c3: 1). This is because knowledge management ...

Competitive advantage is the leverage that a business has over its competitors. This can be gained by offering clients better and greater value, advertising products or services with lower prices or higher quality interests’ consumers and target markets recognize these unique products or services. Human resources are defined as firm's knowledge, experience, skill and commitment of the employees to the firm; their relations with each other and with others outside the firm. They are the most ...

The arrival of the 21st century brings with us new challenges to be addressed in order to move forward to the goal of making Malaysia a developed nation. In the field of economy, it takes the form of intense competition for extraction of resources, especially investment capital and revenue markets, as well as the emergence of new competitors in the trade arena in the region and in the general world. Competition is enhanced where every country will fight for competitive advantage in ...

The sandwich and sub store franchises industry entails the franchise industry that is involved in the preparation and serving of the custom subs and sandwiches. Accordingly, the main products and the services that are offered under the sandwich and sub store franchise industry include the takeout restaurants, limited-service restaurants and the cafeteria restaurants. The industry has experienced vital performance aspects over the years. The statistics indicate that the Sandwich and Sub store ...

Row houses are one of the ancient designs of residential architecture dating back to the 16th century when landlords and their support staff moved to their town house during the social season. Over the years, due to the rapidly growing population and the requirement for a space efficient structure to accommodate more than two families, the concept hit a dead end giving way to the high-speed development of apartments. The recent years has however seen a strong comeback of these homes as a ...

Creativity along with innovation are elements that interact in the business field as we have discussed in class. But as the market grows and gets more and more competitive, those two elements have a more important role to play in organizations, because they can develop those competitive advantages that allow them to remain being successful. As well-known concepts, they are different from one another, creativity is the ability a person has to create something new and original, ideas; on the ...