MGMT 210 Week 2 Discussion 2 | Devry University

MGMT 210 Week 2 Discussion 2 | Devry University

Week 2: Achieving Competitive Advantage

Now it’s time to examine further how strategic planning is essential to helping companies understand how to achieve and sustain competitive advantage through increased market share. Increased market share can be achieved through additional revenues, greater efficiencies, and better supply chain management, as well as a range of other opportunities  In order to better understand the intersection between competitive advantage and human resource management. Discuss the following questions.

What is a competitive strategy?

What is meant by competitive advantage?

What is an HR scorecard?

What is an HR audit?

What is data mining?

Explain with examples how human resources management can be instrumental in helping a company create a competitive advantage.

 

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