A competitive advantage is a unique efficiency of an geological formation that is not easily imitated by the competitor and too creating superior value to the customer niche. Its all some finding some way of differentiating products and service from other offerings. For example, a Honda specialty in making engine has become a trademark that gives an advantage to their business globally.
Competitive necessity is something that an agreement at the same level should have. For example, now days internet banking has become a necessity for all banking in Malaysia.
(2)What is the role of info technology in competitive organizations?
schooling technology is the use of computers, telecommunication networks and softw be to manage culture in an organization. Normally in an organization, the information technology section would be responsible for storing information, protecting information, processing the information, transmitting the information and later retrieving information as necessary.
Information technology makes it come-at-able for competitive organization to operate efficiently and effectively with tokenish manpower and helps to reduce the cost of doing business.
It also helps business trading operations by keeping them connected to suppliers, customers and their sales force. Because of its ability to contour operating costs, technology delivers instant access to supplies and information, so businesses are better able to offer affordable pricing of goods and services without sacrificing quality.
Today, in competitive era the used of email, live chat, online shock tool and video-conference has become way for communication. This information technology helped organization communicate faster with all people regardless their geographic location.
Information technology plays a role as a tool in helping competitive organization managed their information....If you penury to get a full essay, order it on our website: Orderessay
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