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Special Assets As The Firm's Competitive Advantage
2,259 wordsCorporate Strategy " Sources of competitive advantage rarely yield added value that can be sustained over time. ' The following essay is going to attempt to assess the above proposition and try to find if it is possible to add value continually over a period of time. I will first discuss what competitive advantage is and what it means to a firm. Then I will explain the sources of competitive advantage and how the distinctive capabilities of a firm allow it to sustain added value. The discussion ...
Huge Part Of Southwest Airlines Success
341 wordsIn lecture, professor Bobrowski discussed the three components necessary to achieve quality and performance excellence, one of these being continuous improvement. In Nuts! , it is shown how Southwest Airlines gains their competitive advantage by following a policy of continuous improvement. The Airline industry is a very competitive environment to be a part of. In order to gain a competitive advantage, it is necessary to demonstrate certain qualities or attributes that set your company apart fro...
Organizations A Strategic And Competitive Advantage
878 wordsIn the article 'IT Doesn't Matter' Carr suggests that IT is no longer strategically important, therefore, organizations need to change the way they approached IT investment and management. Carr does not dispute that information technology is the backbone of commerce that supports individual business operations, vendor supply chains and customer relationship management. He suggests that as IT's power and ubiquity increase, its strategic value or capacity to provide a sustained competitive advanta...
Key Competitors Of Calgary Marriott Hotel
693 wordsCertainly, the hospitality industry is one of the most competitive industries, since hotels, if managed properly, are able to provide the owner with significant profits as well as the goodwill needed in order to expand. After researching the hotel market in Calgary, the following four hotels appear to be the key competitors of Calgary Marriott Hotel: Travelodge Hotel Calgary Macle, Quality Inn (Motel Village), Hotel Quality and Conference Center, Travelodge Hotel Calgary Intl airport. Travelodge...
Dow Chemicals Business Level Strategy
2,003 wordsBA 361 ESSAY PAPER Topic: Dow Chemicals Student: Mr. Russ Savage Professor: Mr. Omar Malik Date: 22 May 2000 I decided to construct my essay on Dow Chemicals (DC) Company after reading an article in Business Week. Dow Chemical appears to be developing an aggressive market strategy that aligns with our class topics, and that I have found very interesting. Dow Chemical (DC) company, over the last seven years has built their strategy around and focused on their niche, which is core chemicals & plas...
Seven Sources Of Competitive Advantage Model
3,063 wordsPart 1. What commonalities were observed across the strategic situations in the six cases in the course? While the six cases appeared to be very different in terms of product offerings, competitive environment, relative market position, and product lifecycles there were a surprising number of similarities in strategic concepts that cut across all of the cases. In fact, upon careful examination of these concepts, many of them appear to be universal in nature and can be applied to many strategic s...
Only Source Of Sustained Competitive Advantage
2,627 wordsInnovation is the Only Sustainable Source of Competitive Advantage "An innovative business is one which lives and breathes 'outside the box'. It is a combination of good ideas, motivated staff, and an instinctive understanding of what your customer wants". (Branson, R., 1998) Every business must grow in order to survive. Innovation involves using ideas and knowledge to create products and services, which create consumer demand in the marketplace. "The innovation process is a cycle in which ideas...
Successful New Industries And Clusters
1,305 wordsTable of Content Content Pages Introduction 1 Concern of the case 1 Assumption 1 Mauritius - Its Implication 2 Conclusion 3 Bibliography 3 Clusters and the New Economics of Competition (Michael Porter, 1998) Les Districts et Les Choix D'Implantation (Francais) Introduction As a source of competitive advantage, location is losing its importance because of the existence of corporate networks, global markets, faster transport and communication media. However, clusters represent a new way of thinkin...
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