Competitiveness is defined as how effectively an organization meets the wants and needs of its customers relative
Question:
Competitiveness is defined as how effectively an organization meets the wants and needs of its customers relative to other organizations with similar goods or services. Organizations compete through some combination of their marketing and operations functions. Consider these 3 organizations, of which you should be familiar: McDonald's, Burger King, and Rally's (Checkers). There are 10 areas where these businesses may bring success to their organizations in this competitive market. Using at least 3 of these areas listed below, define how these organizations could and do compete in today market. Cite Sources
1.
Product and service design
2.
Cost
3.
Location
4.
Quality
5.
Quick response
6.
Flexibility
7.
Inventory management
8.
Supply chain management
9.
Service
10.
Managers and workers
Cite Sources
ISE International Business Competing In The Global Marketplace
ISBN: 9781260575866
13th International Edition
Authors: Charles Hill