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When does an organization have a competitive advantage?
COMPETITIVE ADVANTAGE If a value creating strategy is implemented by an Organization and it is not being implemented at the same time by another organization, one can say the organization has a competitive advantage over its competitors. It is imperative for a firm to choose the height of competitive advantage it wants to attain in the industry.
Which is an example of a competitive advantage essay?
For example, Aguilar (1967) and Fahey and King (1977) invented the phrase environmental scanning, which concentrated on how the executives scan their organizations’ efficiently. When considering the economics of the industry and emerging industries such as IT, business process outsourcing imposes huge market potential.
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Criteria Essays will be judged on the level of knowledge and understanding of the relevant material, the competent use of evidence, the quality of argumentation, the structure, writing style and persuasive force. Candidates are advised to answer the question as precisely and directly as possible.
Why is essay competition important for high school students?
Our Essay Competition invites students to explore a wide range of challenging and interesting questions beyond the confines of the school curriculum. Entering an essay in our competition can build knowledge, and refine skills of argumentation. It also gives students the chance to have their work assessed by experts.
Last Update: Oct 2021
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