Reference no: EM131394634
Assignment: 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 Purchasing, supply chain management and sustained competitive advantage: The relevance of resource-based theory 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?
Barney, J. B. (2012). Purchasing, supply chain management and sustained competitive advantage: The relevance of resource-based theory. Journal of Supply Chain Management,48(2), 3-6. Retrieved from Proquest database.
Write your initial response in 300-500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation.
|
Housing cost index and the median family income by state
: Describe the relationship between the Housing Cost Index and the Median Family Income by state.- If we standardized both variables, what would the correlation coefficient between the standardized variables be?
|
|
An internship in china xian city hotel
: Develop and refine as you progress through your academic career in the School of l-lospitality Management. Use the resume template provided on Angel as your starting point, and refer to the example resumes to guide your efforts.
|
|
Whether or not each of possible conclusions is justified
: Explain whether or not each of these possible conclusions is justified:- The more you pay, the lower the fuel efficiency of your car will be.
|
|
Whether or not each of possible conclusions is justified
: The correlation between Age and Income as measured on 100 people is r = 0.75. Explain whether or not each of these possible conclusions is justified:
|
|
How competitive advantage drives globalization strategies
: 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?
|
|
How many outputs are required
: A C++ program is required that calculates the amount, in dollars, contained in a piggybank. The bank contains half dollars, quarters, dimes, nickels, and pennies.
|
|
What might explain the strong correlation
: A survey of the world's nations in 2004 shows a strong positive correlation between percentage of the country using cell phones and life expectancy in years at birth.- Does given mean that cell phones are good for your health?
|
|
What might explain the strong correlation
: A researcher studies children in elementary school and finds a strong positive linear association between height and reading scores.- Does this mean that taller children are generally better readers?- What might explain the strong correlation?
|
|
Determining which adverse events are possible incidents
: _______is the process of evaluating the circumstances around organizational events, determining which adverse events are possible incidents and whether a particular adverse event constitutes an actual incident.
|