Reference no: EM132801340
Passage A: Organizational Strategy is that resources to be used in gaining competitive edge for a business. The goal of an organizational strategy is to make and then sustain a competitive advantage. There are a lot of resources to help with choosing the kind of strategy that a company needs. Businesses should evaluate the different types of resources such as valuable, rare, imperfectly imitable and non substitutable to assist a company in deciding which one bests suit them for giving their business the competitive edge that it needs to be successful over its competitors.
Do you agree with passage A? WHY OR WHY NOT?
PASSAGE B:Technology cycle, a cycle that begins with the "birth" of new technology and ends when that technology reaches its limits and is replaced by a newer, substantially better technology. It's a good idea for an organization to be up to date with current tech and be prepared for future tech that comes along as it would help production and increase efficiency.
Technological discontinuity, the phase of an innovation stream in which a scientific advance or unique combination of existing technologies creates a significant breakthrough in performance or function. After old tech is discontinued it can become dangerous to continue using them as they are more prone to hacking.
Design iteration, a cycle of repetition in which a company tests a prototype of a new product or service, improves on that design, and then builds and tests the improved prototype. This is self-explanatory. It is always good business sense to continue experimenting on a product till bugs are corrected.
DO YOU AGREE WITH PASSAGE B? WHY OR WHY NOT?