Signature Assignment: Body of Knowledge, Emphasized Level)
In this assignment, discuss what is meant by competitive advantage. Refer to examples of ways organizations create competitive advantage. Identify a specific real-life organization’s competitive advantage and determine what role HR plays in that process.
Write your response as a future article for a local news page (for either a newspaper or as an article on a website).
Explanation & Answer
Running head: SIGNATURE ASSIGNMENT
Competitive advantage refers to the advantage over competitors which is gained through
offering consumers greater value and this occurs through lowering prices or offering greater
services which justifies the high prices. Competitive advantage usually relies on the use of
various business strategies aimed at gaining competitive advantage (Namada,2018).These
business strategies usually relate to the extent to which the scope of business activities are
narrow or broad as well as the extent to which a business looks to differentiate its products.
There are various ways through whic...
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