Purchase Solution

Competitive advantage and strategic management

Not what you're looking for?

Ask Custom Question

Hello,

I have to write a paper that discusses whether it is possible to achieve competitive advantage without strategic management. I'm just looking for a couple hundred words to get started.

Thanks,

Purchase this Solution
Solution Summary

A review of the value of strategic management and competitive edge using the assignment question as the foundation.

Solution Preview

Yes one can achieve competitive advantage without strategic management, but sustaining it might be difficult. Strategic management is planning and organizing based on the strengths, weaknesses, and opportunities of the company. A competitive advantage helps employees understand the role of the company and its positives in the market. It empowers them to do their best work to maintain competitive advantage. However, if there is no strategic management that holds the competitive advantage in mind, the company cannot plan ...

Purchase this Solution
Free BrainMass Quizzes
Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

View More Free Quizzes
Related BrainMass Solutions

  • Strategic Management Advantages and Risks

    Strategic management refers to the actions or decisions taken by organization's management for creating and sustaining competitive advantage for the firm.

  • Competitive Advantage in Strategic Management

    138607 Competitive Advantage in Strategic Management How is competitive advantage practiced in Strategic Management? In a company there are resource strengths represent competitive assets.

  • Does Effective HR Management Give a Competitive Advantage?

    589123 Does Effective HR Management Give a Competitive Advantage? How does HRM relate to strategic issues in an organization? One of the major themes at the core of strategy is the idea of "competitive advantage."

  • Competitive advantage impacts and influences an organization

    451676 Competitive advantage impacts and influences an organization Describe how competitive advantage impacts and influences an organization or strategic group when referring to strategic management.

  • Administrative Strategy and Policy

    The strategic management process which starts from environmental screening and includes strategy formulation, strategy implementation and evaluation, is a structured process that allows a firm to obtain competitive advantage by leveraging on the internal

  • HR Input in Strategic Plan For Organizational Effectiveness

    Ultimately, strategic human resource management helps to put in place policies and practices that help an organization reach its goals. References: Businessdictionary.com. (2013). Competitive advantage.

  • Strategy Planning Development and Strategic Positioning

    Different Aspects of Strategic Management Process to Achieve and Maintain Sustainable Competitive Advantage In order to achieve and maintain sustainable competitive advantages, implementation of strategic management process is essential.

  • Sustaining Competitive Advantage

    Creating and Capturing Value: Strategic Corporate Social Responsibility, Resource-Based Theory, and Sustainable Competitive Advantage. Journal of Management, 37(5), 1480-1496. The solution discusses sustaining competitive advantage.

  • Strategic Management Questions

    A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices.

View More Related Solutions