Explain with examples the benefits of competitive advantage and show how globalization presents companies with unprecedented opportunities?

What will be an ideal response?

When a company succeeds in creating more value for customers than its competitors, that company is said to enjoy "competitive advantage." It is measured relative to rivals in a given industry. For example, Coca-Cola and Pepsi are trying to maintain a competitive advantage in global markets. Globalization presents companies with unprecedented opportunities as well as challenges. Achieving competitive advantage in a global industry requires executives and managers to maintain a well-defined strategic focus. Globalization provides companies with opportunities to develop new products, get new ideas, develop markets, expand brand recognition, and eventually profits.

Business

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An IS auditor wants to ensure that the organization's network is adequately protected from network-based intrusion via the Internet and the World Wide Web. A firewall that is properly configured as a gateway to the Internet protects against such intrusion by:

A. Preventing external users from accessing the network via internal rogue modems B. Preventing unauthorized access to the Internet by internal users C. Preventing unauthorized access to the network by external users via ad-hoc wireless networking D. Preventing unauthorized access by external users to the internal network via the firewalled gateway

Business

The Burdell Company has four distribution centers located at the location coordinates given as follows. The monthly demand at each center is also given

DC Coordinates Demand A (100, 150 ) 50 B (250, 250 ) 30 C (150, 150 ) 15 D (200, 300 ) 100 Management wants to build a new plant that would be located at the center of gravity of the four distribution centers. Which of the following options best represents the coordinates of the new plant location? A) x coordinate is greater than 150 but less than 170; y coordinate is greater than 210 but less than 230. B) x coordinate is greater than 150 but less than 170; y coordinate is greater than 230 but less than 250. C) x coordinate is greater than 170 but less than 190; y coordinate is greater than 210 but less than 230. D) x coordinate is greater than 170 but less than 190; y coordinate is greater than 230 but less than 250.

Business