Share
Explore BrainMass

Competitive Advantage

Define firm performance; competitive advantage, VRIO framework

1). What might we mean by firm performance? 2). What is competitive advantage, in OPERATIONAL and CONCRETE terms? 3). Assess the merits of the VRIO framework when determining a firm's competetive advantage. The class is using the book "Gaining and Sustaining Competetive Advantage" by Jay B. Barney published by Pearson/Prent

Microsoft's 2010 pricing strategies and Porter's Competitive Advantage theory

(ORGN) **Please read the abstract below from BusinessWeek and answer the question that follows: I just need to look at different opinions to help me with my studies, your answer will not be submitted under my name **Please read the abstract below from BusinessWeek and answer the question that follows: Microsoft's Aggressive

Sustained competitive advantage

Value and sustained competitive advantage for Kudler Fine Foods. While implementing this strategy, what factors would you monitor and evaluate to determine if you were successful? Why would monitoring and evaluating these factors be important?

Executive Summary Skilled employees are essential to maintaining a successful organization. Many organizations face a lack of corporate-wide training which result in miniscule competencies. U.S. Employees are receiving more annual hours of training, according to the American Society for Training and development (ASTD) 2005 state of the industry report, which found an increase in average hours of formal learning per employee from 2004-2005 (HR.Com Limited, 2010).

***See Attached*** Executive Summary Skilled employees are essential to maintaining a successful organization. Many organizations face a lack of corporate-wide training which result in miniscule competencies. U.S. Employees are receiving more annual hours of training, according to the American Society for Training and deve

Florida Citrus Web Site: Firms in Competitive Markets

Florida Citrus Web Site: Go to http://www.floridajuice.com/. The "Florida Citrus Web Site" is sponsored by the Florida Department of Citrus on behalf of the State's Orange Industry. Among other things, the site is clearly an advertisement for the state's orange industry. Have you ever seen or do you expect to see advertising for

How luxury car companies' strategies are similar

1. In what ways are the luxury car companies' strategies similar? In what ways are they different? Now look at Honda. How are its business strategies similar or different? 2. Which company would you say has the competitive advantage? Why?

Strategy implementation: Structural, leadership and cultural

Which of the following considerations are most often neglected when implementing a strategy: structural, leadership, or cultural? Defend your position through an actual business example. 2 cited references from peer-reviewed journal articles.

Being the First Mover in an Industry

What are the advantages and disadvantages of being the first mover in an industry? Are buyer-switching costs the most important factor to becoming the first mover? Give some examples of first and late mover firms. Which were the most successful? Why?

International Mini-Plan on Selling Automobiles Internationally

Write an international mini-plan for a company that interests you (or a product/service that you want to sell yourself). Address the following in your mini-plan: Location of value-added functions: The choice of where to locate each of the functions that comprise the entire value-added chain, from research to production to aft

Global strategy

It is necessary to highlight the purpose and direction of global strategy. The why of globalization will provide a basis for discussing factors that need consideration, prioritization, and possible inclusion in your strategic plans. Hitt, Keats, and DeMarie (1998) identified strategic flexibility and competitive advantage

Guiding principles of strategy

1- Considering the external environment faced by organizations in the 21st century, what factors do you believe should form the guiding principles of strategy? 2-Locate an organization in the news and explain how it is trying to create value and competitive advantage in its sector.

What is Strategic Management?

1. Define strategic management in your own words for a general audience. Imagine you were trying to explain what strategic management is to one of your family members who is a junior in high school. 2. Does the competition between various companies affect your daily life in any way? Give an example that might apply. For exam

Competitive Analysis and Business Cycles (Competition and Market Power)

Competition and Market Power 1. Firms in Competitive Markets The official "Incredible Edible Egg" Web Sit http://www.aeb.org/ is sponsored by the American Egg Board. Among other things, the site is clearly an advertisement for the egg industry. Do you expect to see advertising for individual egg producers? What characteri

Competitive Analysis and Business Cycles (Price Dynamics) SLP

Some of the goods and services are produced by the Coca Cola Company are non-alcoholic beverage concentrates and syrups, carbonated soft drinks, packaged drinking water, and non-alcoholic beverages. These products are produced by the Coca Cola Company. The revenues from the sales of these products were $31.00 billion in 2009.

Chief advantage: Best method of usage

What is the "chief" advantage (best method of usage) of using each of the following contact methods: mail questionnaire, telephone interview, and personal interview?

Competitive advantages

Compare the competitive advantages enjoyed by a large restaurant chain, such as Red Lobster, Chili's, or Outback Steakhouse, and the sources of competitive advantages enjoyed by a small, local restaurant

Competitive Business Landscape

Technology is an important component of the business environment. Describe how technology is changing the competitive business landscape. In your answer, include example's of how technology has impacted specific businesses or industries.

Merits of competent workforce

Can workforce competencies be a source of competitive advantage, and thus, the focal point of a strategic plan? Briefly explain.

Net Advantage to Leasing: Redstone Corporation

Redstone Corporation is considering a leasing arrangement to finance some special manufacturing tools that it needs for production during the next three years. A planned change in the firm's production technology will make the tools obsolete after 3 years. The firm will depreciate the cost of the tools on a straight-line basis

Economic Concepts

As a manager of a financial planning business you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement or answer 8 phone calls, while Francis can either produce 4 financial statements or answer 10 phone calls. Does either person have an absolute advantage in producing bot

Success

What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning. Provide an example of an organization that has failed to achieve competitive success as the result of failed planning.

Example Management Questions

1. Agree or disagree with the following statement - the U.S. has a competitive disadvantage in competing in global markets. Explain and support your answer. 2. Which do you think are the next two "hot" international markets for U.S. investment? Justify your answer with economic data. 3. Compare and contrast Sony, LG, and