User Account

All Pages

Competitive advantage and globalization

Assignment Help Operation Management
Reference no: EM132878297

Discussion-Competitive Advantage and Globalization

Competitive advantage implies the creation of a system that has a unique advantage over competitors. With the advent of globalization, the competition has become stronger and can be located anywhere in the world. The idea behind competitive advantage is to create customer value in an efficient and sustainable way. One approach to address this issue would be the use of resource-based theories of competitive advantage.

Resources are not simply raw materials but include all the inputs, such as intellectual capital, necessary to produce a good or service. Consider this as you address globalization strategies for Fortune 500 firms in this assignment. Be mindful of constraints, such as transportation costs and cultural barriers, as you complete this assignment.

Review the article "Resource-Based Theories of Competitive Advantage: A Ten-Year Retrospective on the Resource-Based View" by J. B. Barney from the readings for this module.

Based on your analysis of this article and other readings for this module, respond to the following:

Explain how resource-based competitive advantage drives globalization strategies for Fortune 500 firms.

Why are application of project management principles critical to effective business operations?

Reference no: EM132878297

Questions Cloud

Downsize a retail business without making employees : How would you downsize a retail business without making employees upset or want to quit because they are afraid to lose their job?
What is impact that technology has had on our society : What is the impact that technology has had on our society? What would our world be like without it?
Discuss technology influence on society : Research, identify and discuss technology's influence on society, as well as at least three ways it has changed the way companies do business.
Describe the role that online advertising might : Describe the role that online advertising might assume in the promotional mix of the business marketer. How can the business marketer use the web to form
Competitive advantage and globalization : Explain how resource-based competitive advantage drives globalization strategies for Fortune 500 firms.
Describe the factors that complicate the pricing decision : Describe the factors that complicate the pricing decision. Outline the approach you would follow in pricing a product in the business from DELL corporation.
Operational barriers to success : What tools might an organization use to help identify barriers? Explain what you would you have done differently to overcome these barriers.
Analyze the company context and customers : Select any company of your choice. Identify its strengths and weaknesses. Then analyze the company's context, customers, competitors, and collaborators.
Risks and benefits of the outsourcing approach : What are the risks and benefits of the outsourcing approach? What are the strategic advantages of outsourcing to vertically integrated firms?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd