Question

what are the Competitive advantage of an organization

Answer 1

Answer:

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Answer 2

Price, quality, location, serivce, selection and speed are the six factors of competitive advantage.

Explanation:

• Speed is also known as turnaround.
• Compare to other companies these six factors that allow a company or organisation to produce goods or services better or more cheaply.
• These factors are helps to increase the sales or superior margins compared to its market rivals.
• Any company or organisation establishment of competitive advantage is one of the most important goals.
• Cost, product or service differentiation and niche strategies are the three basic types of competitive advantages.

To Learn More...

1.Importance of competitive advantage to an organization

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2.QI "Performance management system is a key to competitive advantage of an organization".

Justify the given statement.​

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1.