In this assignment, discuss what is meant by competitive advantage. Refer to examples of ways organizations create competitive advantage. Identify a specific real-life organization’s competitive...

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In this assignment, discuss what is meant by competitive advantage. Refer to examples of ways organizations create competitive advantage. Identify a specific real-life organization’s competitive advantage and determine what role HR plays in that process.


Write your response as a future article for a local news page (for either a newspaper or as an article on a website).


Assignment Expectations


Your 3- to 4-page news article should demonstrate mastery of information relative to human resource management. Include tables, graphics, and/or other visuals.


Prepare information that is professionally presented (including a cover page, a “List of References,” and a strong introduction and conclusion).


Address all aspects of the assignment as stated above.


Utilize valid sources.


Give authors credit for their work. Cite sources of borrowed information in the body of your text following APA style of referencing.






Password to school if you want to use library for sources:


username: [email protected]


Password: Sherrica_1984



Answered 5 days AfterAug 25, 2021

Answer To: In this assignment, discuss what is meant by competitive advantage. Refer to examples of ways...

Shalini answered on Aug 26 2021
127 Votes
Running head: COMPETITIVE ADVANTAGE        1
COMPETITIVE ADVANTAGE         6
COMPETITIVE ADVANTAGE
Introduction
This article focuses on the competitive advantages of business organisatio
ns. It has become one of the major matter of concerns for the organization these days. In this article, it is discussed how the organizations create competitive advantages and what roles does the human resource of the company plays in it.
Competitive Advantages
Competitive advantages generally indicate and refer to the factor that helps and allows the company to produce goods or services better and cheaply in comparison to its rivals and competitors. These factors lead the productivity entity to considerably generate more revenue and sales in comparison to its rival companies. For the business units and the organizations competitive advantages are of greater importance as an organization can only succeed in the market if it offers better and feasible products than its competitors. The competitive advantage considers several factors including the price of the product, differentiation, quality of the product as well as the audience for which the product is specified.
    For the organizations the four major and primary methods of gaining a competitive advantage include cost leadership, differentiation, defensive strategies and strategic alliance. Concerning the competitive advantages formulated by the company it is very important that the organizations establish themselves in a leading position in all the contexts in comparison to its competitors whether it is in the terms of cost, defense or the strategic alliances with the other companies. It basically refers to all the factors that differentiate a company from its competitors and make them superior (Distanont & Khongmalai,...
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