Building a Competitive Advantage
Wk 2 Team Assignment: Building a Competitive Advantage
Resource: Building a Competitive Advantage Grading Guide
Refer to the following Week 1 – Required Learning Activities:
Strategic Management: Concepts and Cases, Ch. 2: Analysis of the External Environment: Opportunities and Threats
Strategic Management: Concepts and Cases, Ch. 3: Internal Analysis: Strengths, Weaknesses, and Competitive Advantage
Refer to the Week 2 – Required Learning Activity: Strategic Management: Concepts and Cases, Competitive Cost Advantage
Purpose of Assignment
The purpose of this assignment is to help students understand how manufacturing and service companies can maximize their competitive advantage. The Porter Model is discussed as a method to categorize and assess businesses and industries.
Write a 1,050-word report in which you address the following:
- Examine and discuss competitive strategies that manufacturers can use to gain competitive advantage.
- Apply costing and financial strategies for manufacturing and service companies.
- Identify value chain strategies for both manufacturing and service companies.
- Discuss (Porter’s Model) and categorize (NAICS) the industry of a company the Learning Team selects.
Cite 3 scholarly references, including at least one peer-reviewed reference from the University Library.
Format your paper consistent with APA guidelines.
Submit your assignment.