Response to students discussion response.

Question Description

apa, no title page, one scholarly reference.

Initial question

What do you find to be the most important elements to improve an organization’s competitive advantage?

Respond to this:

According to Amadeo (2019), competitive advantage is “what makes an entity’s goods or services superior to all of a customer’s other choices”. Competitive advantage is the ability of the firm to increase its values and its shareholders. It is the important aspect of business that allows an organization to outperform to gain advantage over the competitors. This can be gained by offering greater value to the customers compared to its competitors. To improve an organization’s competitive advantage, the following are key elements:

1.) Improving the product line: offer a variety of products with different features. Customers look into products that features that fit their needs. These are the benefits that they make them to purchase the products.

2.) Cost reduction: businesses need to consider manufacturing process to reduce unnecessary costs to reduce overall cost.

3.) Employee management: helping employees with efficient and effective trainings as well as creating a family-like working culture with the business can maximize the productivity of all people. In addition, if employees are happy with the company, they will treat customers well and doing the best they can do.

4.) Customer management: customers appreciate when a business cares about their needs and concerns. Giving simple phone calls to check up on them can make them feel valued. Also, providing services without delays can help customers appreciate the caring from the business.

Reference:

Amadeo, K. (2019). What is Competitive Advantage? Three Strategies That Work. Retrieved January 9, 2020 from

https://www.thebalance.com/what-is-competitive-advantage-3-strategies-that-work-



^{Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."}

Our Service Charter

1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.