Competitive advantage impacts and influences an organization
Not what you're looking for?
Describe how competitive advantage impacts and influences an organization or strategic group when referring to strategic management.
With two resources that will allow further research.
Purchase this Solution
Solution Summary
A competitive advantage impact and influences on an organization or strategic group when referring to strategic management is examined.
Solution Preview
COMPETITIVE ADVANTAGE AND ORGANIZATION'S STRATEGIC MANAGEMENT
According to Johnson et al. (2005), strategic management includes understanding the strategic position of an organization, its strategic choices for the future, and turning strategy into action. Johnson further noted that understanding the strategic position of an organization includes identifying the impact of the external environment on strategy, the capability or competencies of the organization and the influence and expectations of the stakeholders.
The above statements show that the strategic position which is among the important elements of strategic management of an organization is largely determined by an organization's capabilities and competencies and consequently, determines its competitive advantage. The company's strengths ...
Education
- Bachelor of Science in Business Administration, University of the Philippines
- Master in Business Administration, Saint Mary's University
- Doctor of Philosophy in Education, University of the Philippines
- Doctor in Business Adminstration (IP), Polytechnic University of the Philippines
Recent Feedback
- "Excellent information thanks for the input"
- "Thank you"
- "Very thorough and informative. Thank you."
- "Good response. Very detailed"
- "This solution is excellent. Thank you"
Purchase this Solution
Free BrainMass Quizzes
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.