Reference no: EM132425194
I want to clarify the meaning of "Sustainable Competitive Advantage" in retail operations.
Sustainable competitive advantage and sustainability are two different areas of management.
As you proceed to the course project be careful to properly identify sustainable competitive advantage.
The definition in the glossary of your text for Sustainable Competitive Advantage reads:
"A distinct competency of a retailer relative to its competitors that can be maintained over a considerable period of time."
Further, the text glossary defines Corporate Social Responsibility, CSR as:
"Voluntary actions were taken by a company to address the ethical, social and environmental impacts of its business operations and its concerns of its stakeholders."
APA Citation, also in text citation
Company - Nordstrom Rack
For this assignment, select an Off Price Retail or Retail Subscription business.
Next select one company in that area.
Use that company to analyze the retail management by addressing the areas listed below.
Section 1: Background and Profile
Briefly describe their business model.
What is their current position of your selected company in that market?
Briefly describe the company background/history?
How large is the business- Sales, Gross Margin, Customers?
Section 2: Strategic Elements and/or Strategic Learning Outcomes
How do any of the retail strategic elements apply to the company of your choice?
Retail Format
Target market
Retail Strategy
Retail Mix
Section 3: Sustainable Competitive Advantage
What is the Sustainable Competitive Advantage for the company?
Multi-channel or Omni-channel strategies
Section 4: Competition and Impact
Who is their direct and indirect competition?
What do you see is the potential impact they would have on traditional retail competitors?
|
Flexible production technology is sometimes referred
: Flexible production technology is sometimes referred to as. Learning effects are a result of.
|
|
Discussed the importance of mission and vision statement
: Does the current company you work for have a mission statement? If you do not currently work for a company, consider the last company you worked for.
|
|
Moral philosophy justice and white-collar crime
: Pick one of the following terms for your research: Moral philosophy, justice, white-collar crime, differential association, or power.
|
|
Proposed corporate code of conduct is the final project
: A proposed Corporate Code of Conduct is the final project. identify the ethical risks to which a company is subject and to develop management strategy.
|
|
Sustainable competitive advantage-competition and impact
: What is the Sustainable Competitive Advantage for the company? Who is their direct and indirect competition?
|
|
What are key productivity ratios for measuring the retailer
: What are the key productivity ratios for measuring the retailer as a whole, its merchandise management activities, and its store operation activities?
|
|
What is blood buys value proposition put each on stakeholder
: Who are the major stakeholders that would be affected by blood buys platform? What is blood buys value proposition put each on these stakeholders?
|
|
Disciplines of marketing-finance-management and operations
: Explain how the weakness turned into a new strength would impact the disciplines of Marketing, Finance, Management and Operations.
|
|
Challenges in the business environment
: As you have explored in this course, ongoing challenges in the global business environment are mostly attributed to unethical business practices,
|