User Account

All Pages

Explain the four characteristics of a product

Assignment Help Operation Management
Reference no: EM131934596

Competitive advantage is what sets an organization apart. A competitive edge is a necessary ingredient for an organization's long-term success and survival.

Unique resources provide a company with a sustainable competitive advantage.

The four characteristics of unique resources are value, rarity, ability to duplicate, and ability to exploit.

Resources that have all four of those characteristics can be used to form sustainable competitive advantages.

866_Competitive advantage.jpg

Construct a 2-3 page paper, based on the four characteristics of a product with potential for sustainable competitive advantage and based on the research you conducted; identify and discuss a company that does an effective job of utilizing these resources in the competitive marketplace.

Also describe the product in relation to the four characteristics of sustainable competitive advantages.

Reference no: EM131934596

Questions Cloud

Compare and contrast the leadership styles : Using the six key dimensions of strategic leadership, compare GM's CEO, Roger Smith with Southwest's Herb Kelleher and Colleen Barrett.
Distributed to common stockholders as dividends : Rate of return stockholders require on equity capital firm raises by retaining earnings that otherwise could be distributed to common stockholders as dividends
Price level in the united states : Would the following event cause pressure on the Canadian dollar to Appreciate or Depreciate?
Large cost of living adjustments : Situation 1: Throughout the economy, wage agreements are including large cost of living adjustments.
Explain the four characteristics of a product : Competitive advantage is what sets an organization apart. A competitive edge is a necessary ingredient for an organization's long-term success and survival.
How does international trade affect economic well-being : Who gains and who loses from free trade among countries, and how do the gains compare to the losses?
How will you analyze your data : Imagine that your Learning Team has received funding to study changes in sexual attitudes over time. Your task is to design a developmental research study.
What devices are the hearing impaired use for everyday life : What strives has society made into accepting the deaf community? What devices are the hearing impaired use for everyday life?
Capital structure weights on book and market value basis : What are the company's capital structure weights on a book value basis? What are the company’s capital structure weights on a market value basis?

Reviews

Write a Review

Operation Management Questions & Answers

  Preparing for the holiday season

A small candy shop is preparing for the holiday season. The owner estimated that no more than 110 bags of one type can be sold.

  Slowly implementing their own transport system

Though in a realistic organization both are equally essential aspects of a fluidly functioning distribution center. However, having to choose one or the other I would have to say the plentiful workforce would be where I start my sequencing of importa..

  Statements is true about diagnostic interview

Which of the following statements is true about a diagnostic interview?

  Health care organization would follow in acquiring

Lay out the steps that a health care organization would follow in acquiring or developing a strategically important competence that it lacks.

  Aspects of control work together in successful organizations

Discuss to what extent these two aspects of control work together in successful organizations. Be sure to give an example or two to support the position you take on this.

  Elucidate how would you recover from this service crisis

Suppose you were manager of a restaurant also you were told honestly which a couple eating dinner had just seen a mouse. Illustrate what would you say to them. Elucidate how would you recover from this service crisis.

  Make the best inventory level decision for the coming season

A firm aims to make the best inventory level decision for the coming season. The demand takes one of two possible values: high or low.

  Organizations use to enhance employee performance

Identify the reward systems that organizations use to enhance employee performance, and specify

  Classify models based on the degree of their abstraction

Define the term model and give some examples of models you see around you every day. Classify models based on the degree of their abstraction, and provide some examples of such models.

  Changed to be more motivating and empowering

Identify a job you have held, and appraise it on the Hackman and Oldham’s five core job dimensions. Also describe the degree to which it made you feel empowered. Choose one job and discuss together how it could be changed to be more motivating and em..

  Situation for chipotle after the food sanitation scandal

What is the situation for Chipotle after the food sanitation scandal back in 2015?

  Weighted factor methods of selecting projects

Discuss the pros and cons of the checklist versus the weighted factor methods of selecting projects. Why should an organization not rely only on ROI to select projects?

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