Chapter 2 : Identifying Competitive Advantages

Assalammualaikum.

For this chapter, the learning outcomes that we will get is, we can explain why competitive advantages are typically temporary, list and describe each of the five forces in Porter's Five Forces Model, compare Porter;s three generic strategies, and describe the relationship between business processes and value chains. BETUL TAK TIPU PUNYA!

WHAT IS COMPETITIVE ADVANTAGES?

Let me expalain

Competitive advantages is a product or service that an organization's customers place a greater value on than similar offerings from a customers. BETUL TAK TIPU PUNYA!.

 WHAT ABOUT FIRST-MOVER ADVANTAGES?

OK! For the first-mover adavantages is occurs when an organization can significantly impact its market share by being first to market with a competitive advantage.BETUL TAK TIPU PUNYA!

HOW CAN I LIST EACH OF THE FIVE FORCES IN PORTER'S FIVE FORCES MODEL??

HERE! I LIST DOWN FOR YOU

BUYER POWER

assessed by analyzing the ability of buyers to directly impact the price they are willing to pay for an item

SUPPLIER POWER

assessed by the suppliers ability to directly impact the price they are charging for supplies.

THREAT of SUBSTITUTE PRODUCT or SERVICES

high when there are many alternatives to a product or service and low when there are few alternatives from which to choose. 

THREAT of NEW ENTRANT

high when it is east for new competitors to enter a market and low when there are significant entry barriers to entering a market.

RIVALRY AMONG EXISTING COMPETITORS

high when competitors is fierce in a market and low when competition is more complacent.

                                                   BETUL TAK TIPU PUNYA!

THE GENERIC STRATEGIS

The organization typically follow one of  Porter's three generic strategies when entering a new market.

	LOW COST	HIGH COST
BROAD MARKET	LEADERSHIP	DIFFERENTIATION
NARROW MARKET	FOCUSED STRATEGY

                                            

Once an organization chooses its strategy, it can use tools such as the value chain to determines the success or failure of its chosen strategy.

BUSINESS PROCESS

a standardized set of activites that accomplish a specific task, such as processing a customer's order

VALUE CHAIN

views an organization as a series of processes, each of which adds value to the product or service for each customers.BETUL TAK TIPU PUNYA! BETUL TAK TIPU PUNYA! BETUL TAK TIPU PUNYA!

THAT's ALL............

KBYE!!!!

MUAHHH!! :*

                                       

                                           

Information Technology Basics(IT)

ASSALAMUALAIKUM

What is it? This is IT

What mean with Information Technology Basics?

Information Technology Basic is a field concerned with the use of technology in managing and processing infromation. Betul Tak Tipu Punya!

Nowdays, Information Technology is very important such as : 

for accounting, finance, human resources, sales, marketing, operations management and management infromation systems. Betul Tak Tipu Punya!

provides quantitative information about the finances of the business including recording,measuring, and describing financial infromation. Betul Tak Tipu Punya!

Deal with the strategic financial issues associated with the increasing the value of the bussines, while observing appliacable laws and social responsibilities. Betul Tak Tipu Punya!

Includes the policies,plans and procedures for the effective management of employees. Betul Tak Tipu Punya!

is the function of selling a good or service and focuses on increasing customers sales, which increases company revenue. Betul Tak Tipu Punya!

That all about functional Information Technology. Betul Tak Tipu Punya!

Data, Information, and Business Intelligence

 

It is important to distinguish between data, information and business intelligence. Data are raw fact that describe the characteristic of an event. Information is data converted into a meaningful and useful context. Business intelligence refers to application and technologies that are use to gather, provide access to and analyze data and information to support decision making efforts. Betul Tak Tipu Punya!

GOOD BYE. WAIT FOR THE NEXT ENTRY. KBYE

Hai Awak-awak

Assalammualaikum.............................................
Nama dalam surat beranak Muhammad Badri Nizam B Baharuddin, nama dalam i/c Muhammad Badri Nizam B Baharuddin, nama dalam lesen memandu Muhammad Badri Nizam B Baharuddin betul, tak tipu punya. Saya tinggal dekat No. 143 Taman Jati, 06300 Kuala Nerang Kedah Darul Aman. Betul, tak tipu punya. Saya anak ketiga daripada 8 adik beradik. Betul, tak tipu punya. Hobi saya suka berjogging, bersenam, membaca buku, mengumpul stem, dan bermacam-macam lagi. Betul, yang ini saya tipu. Ayah saya berkerja sebagai juruteknik, dan Emak saya pula hanyalah surirumah sepenuh masa. Saya mempunyai seorang abang, seorang kakak, dan 5 orang adik, adik saya yang akhir sekali adalah kembar. Betul, tak tipu punya. Dah. yang tu sahaja. Kbye