What are the key concepts related to defining competitive advantage of a business? Select one and describe how you would use information systems to aid in obtaining competitive advantage with your selected key concept.© BrainMass Inc. brainmass.com October 25, 2018, 4:42 am ad1c9bdddf
This question can be answered depending on which author or theorist you plan to study. However, the basic concepts are quite similar in characteristics. For instance, according to Michael Baker (2008), marketing (plan, objectives, dynamics), quality of competitor(s), target customers/clients, and management goals/objectives are the key concepts. Hamel and Boston (2000) claim that the concepts are organizational rationale, organizational values (social and economical), business strategy, and driving mechanisms. Yu Yuan Hung (2006) claims that the concepts include management approach, decision making process, human resources, organizational strategy, and measurable quality management. If you look these up, you would be able to get into more details with each aspect. Regardless of which ...
The key concepts related to defining competitive advantage of a business is examined.
Ethics, operations management and mission statements. These buzzwords of business should not be overlooked. Understand how to analyze them and put them to use... effectively.
How is an organization's mission supported by operations management? Give an example of how your organization's mission (or a past organization you have worked for) is or was supported by operations management.
How does competitive advantage relate to operations management in your organization or an organization with which you are familiar?
What are some ethics decisions faced by operations managers in your organization or in an organization with which you are familiar?
What is the value of supply chain management? How would you measure it?View Full Posting Details