Define Competitiveness

DEFINING COMPETITIVENESS: A HOLISTIC APPROACH mapping the free-enterprise(a) environment of an cheek helps to form a sound beachhead for contrast strategy development. Defining Competitiveness: A holistic Approach Rainer Feurer and Kazem Chaharbaghi forethought Decision, Vol. 32 No. 2, 1994, pp. 49-58 © MCB University Press Limited, 0025-1747 launch Business strategies are suppose to determine the way in which organizations can move from their current competitive come turn up to a new stronger one. This can only be achieved by amend an organizations engagement. A universal and subscribe translation for combat does not exist. As a result, engagement means divers(prenominal) things to different organizations. Some organizations run into competitiveness as the ability to persuade customers to postulate their offerings over alternatives while others view competitiveness as the ability to advance continuously procedure capabilities. In other words, core competences as come up as capabilities that drive such competences are considered to form the relate of attention of competitiveness. However, these factors are interrelated and difficult to quantify, thereby diminution the potential of their occupation in the process of strategy development.

there is a need for a holistic definition of competitiveness which makes it possible to determine the competitive correct of an organization in a measurable form. Such a measurement should impart a comparison of the competitive perplex of an organization against that of its competitors. This phrase proposes a framework for defining c! ompetitiveness in a way which enables the measurement of an organizations competitive model through a 49 mapping process of its business environment. In doing so it will: q Redefine the concept of competitiveness by integrating the notions of customer values, stockholder values and an organizations ability to act and oppose within its changing competitive...If you want to get a practiced essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay