Question: 1. Discuss about what is competitive advantage ? Why is so important that competitive advantage need to be exercised by any business organisation? Cite examples

1. Discuss about what is competitive advantage ? Why is so

1. Discuss about what is competitive advantage ? Why is so important that competitive advantage need to be exercised by any business organisation? Cite examples of a business be it local or international that exercises competitive advantage. (10 marks) 2. How does each strategic tools be used to achieve the business objectives and bottom line. (10 marks) a) SWOT Analysis b) BGC Matrix c) Ansoff Matrix 3. Explain the 3 (three) levels of strategy and how do they function in a business to achieve their goals. (10 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

a. What are the two parts of total return? b. Why are unrealized capital gains or losses included in the calculation of returns? c. What is the difference between a dollar return and a percentage...

List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...

Question set 1 : a . Outline and discuss Herbert Simon s Decision - Making model. Apply the model to form an example of a decision of your choice within the university setting? b . Compare and...

Assignment: The Organization (Banking Organization) Purpose To assess your ability to: describe how a company's human resources are a source of competitive advantage define the role human resource...

Answer those questions considering a car wash company located in Australia. Company Name: Ultimate Car wash Location : Adelaide 1. What is/could be the organisation's mission and strategic...

According to the attached article, please answer the following: 1) Introduction - Describe the case. What happened? When did that happen? Who got involved? 2) Identify the link between the case and...

Here are my questions, Can someone short the answers for me, please ESPECIALLY ANSWER No 2,4, and 5, please. I couldn't able to post the whole ANSWER because it's too long but if you want to see the...

Provide summary for each article below: The future of work in technology: 1) Forces shaping the future of work in technology Technology's transition to a new role in the organization requires the...

Make an example of Annual Marketing Plan on business or product using the above format. ANNUAL MARKETING PLAN 1. Executive Summary II. Current Marketing Situation . Market Description (Describe the...

answer #3 only 1) How do perspectives on competitive advantage differ when comparing brick & mortar stores to online businesses (PROVIDE EXAMPLES). Choose a primarily brick & mortar retail firm and...

ASSET= Php 1,500,000 LIABILITIES= Php 200,000 SHE= Php 1,300,000 There are 10,000 shares outstanding, par value of Php 100 per share. The company is evaluating a project proposal requiring additional...

Suppose that a certain wine dealer is in possession of a particular quantity of wine which can be sold at present time (t = 0) for a sum of Kshs OR can be stored for available length of time and then...

26. Criticize the following defi nitions in light of the eight rules for lexical defi nitions: Tobacco is a plant grown in the southeastern United States that, when enjoyed in the form of cigars and...

Woodland Hotels, Inc., operates four resort hotels in the heavily wooded areas of northern California. The resorts are named after the predominant trees at the resort: Pine Valley, Oak Glen, Mimosa,...

Splash Co. identifies the following activities that pertain to manufacturing over-head for its production of water polo balls: materials handling, machine setups, factory machine maintenance, factory...

Refer to the data and information in Problem 5-5A. In Problem 5-5A The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Rent expense and salaries expense are...

Digger Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year. Overhead is applied on the basis of direct labor hours. (a) Compute the...

Based upon the following facts about Aqua, Inc., a calendar year S corporation, prepare the entity's Schedule M-2. AAA, beginning of the year.............................................$ 9,400...

While cost is one important factor to consider when calculating the startup capital requirements, the price of the product is equally important. Chapter 9 discusses seven common pricing strategies...

Understand the likely direction of labor relations for the coming years

Understand the process of arbitration

Know the different variations of arbitration that are in use