GB570 Hipkins Matthew Unit3 Assignment October2013
in Other (Education) by neelYour Price: $20.00 (30% discount)
You Save: $8.57
Description
Value Chain as Competitive Advantage
Unit 3 Assignment
Matthew J Hipkins
GB570 Managing the Value Chain
Professor Craddock
Kaplan University
October 1st, 2013
Value Chain as Competitive Advantage
The value chain is one way for a company to gain a competitive advantage over their competition. By understanding what the customers' needs, the company can re-work their framework to compensate for the changes necessary to keep up or even surpass the competition. By having a competitive advantage one company can outsell and out profit the competition. This can be done with a company's prices, services, or even the types of products they sell. "Competitive advantage is relative to existing and potential competitors" (Stabell, Fjeldstad, 1998).
Review of Concepts
The concepts outlined...