Hai guys , we meet again .. On this day , i will discuss again about MGT300 but this is for CHAPTER 2 .. Ehem Ehem .. Have you know or have you heard about COMPETITIVE ADVANTAGES ?? From my understanding ,, :
COMPETITIVE ADVANTAGES is a product or service that an organization's customer place a greater value on than similar offerings from a competitor.For Example facebook has a competitive advantage because most people use its service rather than adopting because of particular features.FIRST-MOVER ADVANTAGES is occurs when an organization has launch up firstly their product from other competitors . For Example Amazon.com is the first major online bookstore.
ENVIRONMENTAL SCANNING means that analysis of events and trends in the environment external to an organization. For Example what trends, events, or factors are occurring or might occur in the world and may impact the organization's workforce?..
3 'key' of common tools
*FIVE FORCES MODEL
Five forces model helps determine the relative attractiveness of an industry by :
*THREE GENERIC STRATEGIES
* VALUE CHAIN STRATEGIES
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