Competitive Advantage Essay Samples and Topic Ideas
competitive advantage. According to the article Companies Are Moving Faster than Many Governments on Carbon Pricing, more than 1,400 firms will be using this economic concept in the next two years. The benefits they are likely to have include efficiency, increased market shares, high level of compliance, and productive membership in international institutions such as Carbon Pricing Leadership Coalition. However, this will require many businesses to change the way they carry out activities and consider new strategies such as research and development unit, redesigning of processes, and adoption of cleaner energy. Works Cited Abboud, Leila. “Economist Strikes Gold in Climate-Change Fight.” The...
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competitive advantage encouraged the people to venture into the production of grains, meat, oil and wool that put the country on the map for the world’s wealthiest nations (Winn, 92) The liberal era also saw the adoption of European fashion and style which was a great development in the social-cultural heritage of the country. European countries, as well as American, also contributed to the civilization and economic development of the country hence influencing its culture as well. During this time America and Europe were the most industrialized countries, and they required raw materials for their industries, these made Argentina put more effort more in the hides sector to export the much-demanded...
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competitive advantage and overall costs and increased product quality. Supply chain alliance faces many problems including unpredictable events, which can lead to a transfer of risk exposure to other partners. Third-party logistics are companies which take the responsibility of another supply chain company in managing, controlling and delivering logistic services. A firm uses the third-party logistics party to take over some or all its logistics responsibilities, reducing the companies cost and improving the customer's performance. There are many reasons a firm uses third-party logistics. First, it allows the firm to focus on its core process without being involved in a separate industry (Thuermer,...
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competitive advantage. Marketing research tools Some of the marketing research tools that could be used by both the Briarwood and the Crestview in communication effectiveness include; conducting a sale promotion. The sale promotions involve the provision of the incentives to the patients and the customers to demonstrate the effectiveness of the services and products that they offer to their patients and the reasons why the new customers should come to the hospital. The promotion is also meant to create loyalty to the customers that the hospital is dealing with. The other effective communication strategy is the advertisement. The aim of the advertisement is to persuade the customers to choose the...
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competitive advantage by attracting and retaining highly skilled employees. Adopting PTO policy is beneficial to the company, as the employer will receive notice about the schedule vacations on time and thus, plan adequately for a shift in work schedules. The employees do not have an incentive to lie about having a doctor’s appointment or being sick. There is a lot more transparency creating trust between the employers and employees. Another advantage of adopting PTO policy is that it eases management work as they no longer have the added work of tracking accumulated hours of sick days, personal days and vacation. And lastly, employees value the new PTO policy which allows them time-off to relax...
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