1. Competitive advantage A distinctive competence is a unique firm-specific strength that allows a company to better differentiate its products and/or achieve substantially lower costs than its rivals and thus gain a competitive advantage. Resources are financial‚ physical‚ social or human‚ technological‚ and organizational factors that allow a company to create value for its customers. Company resources can be divided into two types: tangible and intangible resources. Tangible resources are something
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Federalists Advantages Federalists had several advantages in promoting the Constitution over the anti-federalists. The Federalists were for the Constitution because they wanted a more conservative government‚ where as the anti-federalists were against it because they didn’t want the government to be in control of everything. George Washington‚ the first president of the United States‚ was one of many of the advantages the Federalists had over the Anti-Federalists. For starters‚ he was
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Team Leadership MGT/521 Memorandom: Subject: Team Leadership First I would like to thank you for the opportunity in enabling the successful expansion with in our organization into a new market segment. I am happy to say that our team chosen for the task are not only reliable‚ but will serve as a vital resource for a stable management approach. Looking into each team members skill set I was pleased to find that 2 out of 4 members share the same skill set‚ which not only helps supports one another
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The advantages and disadvantages of money Everybody knows the value of money. Nothing is more powerful than money. In fact‚ if we have no money‚ we cannot buy goods‚ clothes and other necessaries we need. Without money‚ we cannot go to the movies‚ theaters or other amusements places. How can we spend our free time pleasantly on rainy evenings without a color television in front of us? Music from a new hi-fi can relax us quickly after a hard day of work. But how can we satisfy our needs‚
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multicultural teams creates potential advantage-discuss Multicultural teams – curse or blessing? Indeed‚ managing multicultural teams can be a tightrope walk: on the one hand‚ when not handled properly‚ such teams can turn into extremely irksome stumbling blocks for a company or a project. On the other hand‚ companies and leaders who recognise the potentials of cultural diversity and find the right cultural mixture among the team members can achieve some substantial comparative advantages. The recent
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Reliable Sources Worksheet Locate two sources in the University Library on a topic of your choice. Provide the required information for both sources. Source 1 Author: Thomas‚ Theda Date: October 1‚ 2012 Title: Adapting team-based learning to the interpersonal communication class Publication: International Journal of Pedagogies & leanings Vol. 7‚ Issue 1‚ p 51-61 How would you format this reference: Is the source reliable? How do you know? Yes‚ this source is reliable
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I have chosen the Comparative Advantage Theory for my key term to discuss. I chose this term because it has a great importance on world trade clearly help shape the pattern of world trade‚ and also to get a better understanding of the concept. Comparative Advantage is the benefit or advantage of an economy to be able to produce a commodity at a lesser opportunity cost. According to Satterlee (2009)‚ opportunity cost is the value of what had to be given up‚ or forgone‚ to consume or achieve the object
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children. It will focus on the various disadvantages and advantages of disciplining children. To begin with will it will firstly present the disadvantage of disciplining children which includes firstly it leads to rebellious behavior of children secondly it contributes to emotional fallout in children and finally it will focus on the psychological effects on children. Thereafter it will focus on the advantages of disciplining children. The advantages are it develops self-control and self-discipline. Likewise
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ADVANTAGES AND DISADVANTAGES OF USING INTERNET In the history of human mankind‚ the Internet has undoubtedly been the greatest development in the domain of communication industry. Internet has tremendous potentials and a lot to offer in terms of services. However‚ if examined carefully‚ the Internet appears to have not only advantages but also some drawbacks. One good point is that the Internet is a source of information. There is a huge amount of information available on the Internet for just
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help of others. Working in groups may be helpful but not always the right choice. People have problems learning‚ get distracted more easily‚ and they only get one overall grade that is shared throughout the group. When working in a group‚ learning is very difficult. People do not understand the whole assignment only the part that they are assigned. When working independently may take longer but its more beneficial to ones understanding. There are no distractions when working by ones self.
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