Nobody downloaded yet

International competitiveness and competitive advantage - Essay Example

Comments (0) Cite this document
Summary
This essay describes the two most important terms – the competitive advantage and the international competitiveness. Competitive advantage is defined a set of characteristics, properties of the product or brand that creates for the company definite advantage over its direct competitors…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.1% of users find it useful
International competitiveness and competitive advantage
Read TextPreview

Extract of sample "International competitiveness and competitive advantage"

Download file to see previous pages The current state of the global economy development and evolution along with the increasing tendency of its competitiveness is known to be related, primarily, with increasing of the competitiveness of its businesses, the loss of which in the course of economic reforms proved the most significant shortcomings. The success of the identifying and forming objectives the competitive advantage are called to improve the industrial competitiveness companies. This fact, however, makes them more dependent on the level of development of methodological approaches to the establishment and effective functioning of the competitive advantage in general.In accordance with the world practice, the market relations represent the interconnected solution to these problems. The use of these principles guarantees the increase of the competitiveness of the enterprises. The main areas of competitive advantage of the organization's security are concentration of resources for the company to predict the actions of competitors, holding the initiative in the competition, software resource potential to achieve the goals, development flexible planning firms in the market. The competitive advantage that in specific markets determines various competitors is a significant factor in climate, or the competitive situation on the commodity market. Competitive advantage is defined a set of characteristics, properties of the product or brand that creates for the company definite advantage over its direct competitors. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International competitiveness and competitive advantage Essay”, n.d.)
International competitiveness and competitive advantage Essay. Retrieved from https://studentshare.org/human-resources/1702200-international-competitiveness-and-competitive-advantage
(International Competitiveness and Competitive Advantage Essay)
International Competitiveness and Competitive Advantage Essay. https://studentshare.org/human-resources/1702200-international-competitiveness-and-competitive-advantage.
“International Competitiveness and Competitive Advantage Essay”, n.d. https://studentshare.org/human-resources/1702200-international-competitiveness-and-competitive-advantage.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International competitiveness and competitive advantage

Competitive Advantage

...is that in case of business sale, “goodwill” forms its value. According to resource-based theorists, organisation resource strength enables the organisation to attain competitive advantages and excellence performances because valuable resources lead to development of competitive advantage. This benefit can be sustained for long to enable the company to protect against imitation of its resources, transfer, or replacement. Theorists assert that internal resources are crucial for the company to attain and sustain competitive performance and advantage (Porter, 2004). The performance of the internal resources...
5 Pages(1250 words)Research Paper

Competitive Advantage

...Competitive Advantage Competitive advantage is that which an organization occupies in its own competitive arena. According to Collis and Hussey (2003), competitive advantage is realized when firm earnings are more than the expenses, at this point the firm is said to be achieving some economic rent. It is the economic rent that makes most competitors imitates other companies competitive advantage thus it becomes impossible for any given company to sustain its competitive advantages a longer duration of time. However, a company can have some positions, strategies and processes that are hard to be copied by other companies. In such a scenario the firm will be able to sustain its competitive advantage. This becomes a great advantage... to the...
8 Pages(2000 words)Case Study

International Competitiveness

...International Competitiveness Depends Fundamentally On There Being Winners And Losers. Discuss. Introduction International competitiveness should lead to a win-win scenario for both developed and developing countries. This could be possible only in the case of implementing a solid fair trade policy. In relation to free trade, Margaret Thatcher's slogan of "There Is No Alternative" (TINA) is very famous. Regarding fair trade, there is also no alternative. Fair trade should be the guiding principle when it comes to international competitiveness. That is the only guarantee of having a win-win scenario that will benefit everyone. If...
7 Pages(1750 words)Essay

Competitive advantage

...Introduction Organizations around the world have been devising and implementing numerous strategies for decades in order to gain competitive advantage in their line of operations. Some of these strategies involve integration of their operations pertaining to the supply chain. In so doing the organization tries to look into the costs it incurs in the whole production process and the amount of control it has over each and every process. When considering vertical integration strategy for example, an organization looks into managing its supply chain from both the supplier’s and the client’s sides (Ellram 1991). This is a trend that is popular mostly with retailers who wish to control both ends of their...
6 Pages(1500 words)Essay

Competitive advantage

...Nucor Case Study Instead of a separate performance appraisal system, Nucor judges performance based on quality, productivity and profitability. What are the advantages and disadvantages of Nucor’s choice? The primary advantage that Nucor gets out of its performance judgement system is outstanding labour relations. There are no union based problems as employees are satisfied and trust the company for their good. Moreover, Nucor’s system helps employees earn more money than their counterparts through innovative schemes. This ensures that the most productive people are brought to the front and appreciated accordingly. In most other workplaces, all people earn equal salaries whether they work equally or not....
2 Pages(500 words)Essay

Competitive Advantage

...Competitive Advantage Affiliation: Factor Tim’s Coffee Shoppe Competitor Queequeg’s Coffee) Competitor 2 (Tim Hortons) Score Comments Score Comments Score Comments Quality 3 Minor strength 3 Minor strength 4 Major strength Location 4 Major strength 3 Minor strength 3 Minor strength Employees 2 Minor weakness 2 Minor weakness 3 Minor strength Profitability 2 Minor weakness 2 Minor weakness 3 Minor strength Product 4 Major strength 2 Minor weakness 3 Minor strength Price 1 Major weakness 2 Minor weakness 2 Minor weakness Service 3 Minor strength 3 Minor strength 3 Minor strength Advertising 2 Minor weakness 3 Minor strength 4 Major strength Total 21 20 25 1 – Major weakness, 2 – Minor...
4 Pages(1000 words)Research Paper

Competitive Advantage

...Competitive advantage It is the desire of every company or organization to the on top of its game in all areas. This is better termed as competitive advantage and its entails a company having pool of dynamic skills, strengths and abilities that will propel it far above its competitors. In addition to being the very best in the industry, some companies find it more appropriate to differentiate their products and services from those of other companies (Pearce & Robinson, 2012). In an effort to create an edge in competitive advantage, it is advisable to factor in all areas such as cost, differentiation and speed (Pearce & Robinson, 2012)....
1 Pages(250 words)Assignment

Competitive Advantage

...Barnes & Noble is the industry leader in the book industry. The company generated $7.13 billion in sales in (Barnesandnobleinc, . The organization holds various competitive advantages over a small bookstore. As a public company whose stocks are traded in the New York Stock Exchange Barnes & Noble has greater access to capital than small bookstores. The firm has the ability to raise capital through the sale of stocks and bonds. The company also has a superior marketing and advertising budget which has enabled Barnes & Noble the ability to build brand value. Barnes & Noble has the greatest product variety in the industry in both books and e-books. Due to the size of the company the firm is in a better position to offer lower prices... & Noble...
1 Pages(250 words)Assignment

Competitive Advantage

...International on Corruption will be put in place. Competitive advantageCompetitive advantage has been defined as that favourable position sought by organizations in order to maximize its profits above their competitors. It involves the communication of larger perceived value targeting markets that cannot be met by the competitors. Competitive advantage is likely to be achieved through different avenues that include the offering of superior quality products or services. Some of these practices involve the lowering of prices as well as raising the efforts in the market. A competitive...
4 Pages(1000 words)Research Paper

Competitive advantage

...COMPARATIVE ADVANTAGE THROUGH E-COMMERCE LOGISTICS al Affiliation) Key words: Comparative Advantage Study All statistical surveying reports demonstrate a consistent, critical increment of online deals at the cost of conventional disconnected from the net retail. Satisfaction of online requests, in any case, is testing. With a CATELOG concentration in logistics, open doors that can help increment online deals in a productive way will be mandatory. Three angles are fundamental to the task: Cross-fringe retail logistics (Abnamro 2011). While online channels have no fringes and take into consideration snappy global extension, shopper inclination for sorts of e-satisfaction is prone to contrast crosswise...
3 Pages(750 words)Research Proposal
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic International competitiveness and competitive advantage for FREE!

Contact Us