Generic Building Blocks Of Competitive Advantage


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Generic Building Blocks Of Competitive Advantage

Organizations today confront new markets, new competition and increasing customer expectations. Thus today’s organizations have to constantly re-engineer their business practices and procedures to be more and more responsive to customers and competition. In the 1990’s Information technology and Business Process re-engineering, used in conjunction with each other, have emerged as important tools which give organizations the leading edge. The efficiency of an enterprise depends on the quick flow of information across the complete supply chain i.e. from the customer to manufacturers to supplier. The generic building blocks of a firm to gain competitive advantage are- Quality, Efficiency, Innovation and Customer responsiveness.

 

 

 

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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

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