Write short notes on the following terms

i$.$ Competitive Advantage

ii$.$ Priority Matrix

iii. Strategic Factors

iv$.$ Key Performance Indicators of an Operational strategy

v$.$ Business Environment

b$)$ Operational strategy specifies the policies and plans for using organization$$s resources to support its long term competitive strategy.

REQUIRED:

i$.$ By giving two examples describe the Resource Strength and Resource weakness

ii$.$ Describe Porters$$ generic competitive strategies by citing clear examples from organization of your choice.

iii. A company that produces fruits and vegetables is able to produce $400$ cases of canned peaches in one half hour with four workers. Calculate the labor productivity and explain why service productivity is difficulty to measure.