scholarly journals Identifying and capitalizing new sources of competitive advantages is a vital prerequisite for corporate sustainability

2020 ◽  
Vol 14 (1) ◽  
pp. 453-463
Author(s):  
Roberta-Laura Jianu Galav
Keyword(s):  
Competitive Advantage ◽  
Corporate Sustainability ◽  
Dynamic Change ◽  
Point Of View ◽  
Decision Makers ◽  
Relational Capital ◽  
Competitive Advantages ◽  
Paradigm Shifts ◽  
Academic Field ◽  
The One

AbstractOn both the research agendas of the specialists in the academic field and those of the decision makers in the field of public policies, there are a series of topics of reflection among the most provocative which calls on researchers to identify solutions to new challenges. These include the prevalence of topics such as: threats to climate balance, deepening inequalities in welfare and prosperity, paradigm shifts in management and leadership, the emergence of on demand economy, just transition or the new scale of competitive advantages. At the microeconomic level, one of the most complex issues is that of business sustainability, which, under the conditions of the new global economic picture, must be equally efficient, economically, sustainable, socially, and resilient from an ecological point of view. Despite the most renowned experts analyzing the concept of competitive advantage, having highlighted the epistemological and praxiological foundations and clarified the variables on which its scope depends, the regional and global economic picture in dynamic change makes the analytical space continue. for this thematic area. This paper starts from the methodological assumption that the decision makers at the level of the companies must ensure the possible but synergistic combination between: the objective of maximizing the profit and the one of taking into account the plenary of maximizing the sales or of extending the relational capital. The main purpose of this paper is to study the deepest changes at the microeconomic level of the competitive advantage scale, the factors that influence these changes and propose a series of ways by which the companies that operate in Romania can be repositioned sustainably at the level of the most powerful regional supply chains.

scholarly journals Commercial Banks Versus BPR: Advantages Based On Perception, Hope And Customer Interest

2017 ◽  
Vol 1 (2) ◽  
pp. 102-112
Author(s):  
Hesti Budiwati
Keyword(s):  
Competitive Advantage ◽  
Six Sigma ◽  
Commercial Banks ◽  
Public Trust ◽  
Lean Six Sigma ◽  
Point Of View ◽  
Competitive Advantages ◽  
Public Funds ◽  
Different Types ◽  
Six Sigma Approach

Commercial banks and Bank Perkreditan Rakyat are two different types of banks whose existence in society aims to raise and channel public funds to improve people's lives. The facts show that there is a sharp competition between the two types of banks in terms of gaining public trust to become bank customer but although these two types of banks are different but still able to develop well in society. This study aims to identify the factors that become competitive advantage at Commercial Banks and Bank Perkreditan Rakyat from the customer's point of view based on customers' perceptions, expectations and interests so banks can determine competitive strategy. The approach used in this research is Lean Six Sigma approach with a sample of 60 respondents consisting of 30 customers of Commercial Banks and 30 customers of Bank Perkreditan Rakyat. Respondents will be asked to respond to research instruments based on their perceptions, expectations and interests. The results of the study there are five competitive advantages in Commercial Banks (1) promotions made, (2) reward appeal, (3) saving security, (4) cleanliness and comfort of the room, (5) friendliness, courtesy and neatness. Bank Perkreditan Rakyat obtained competitive advantage that is (1) cleanliness and comfort of the room,(2) ability and alertness of the officers, (3) friendliness, courtesy and neatness, (4) saving security, (5) familiarity  of the officer with the customer. In addition there are similarities there are interesting differences that is on the excellence of promotional activities and the attractiveness of prizes at Commercial Banks. and the familiarity of officers with customers at Bank Perkreditan Rakyat.

scholarly journals Abilities to exploit newly-acquired technologies as a source of competitive advantage of finance companies in Poland

Management ◽  
2016 ◽  
Vol 20 (2) ◽  
pp. 35-48 ◽  
Author(s):  
Waldemar Glabiszewski ◽  
Dorota Grego-Planer
Keyword(s):  
Competitive Advantage ◽  
Competitive Advantages ◽  
The One ◽  
General Organization

Summary The article of empirical nature is an attempt to evaluate the influence of the abilities to exploit newly acquired technologies possessed by finance companies operating in Poland on the competitive advantages they gain. The findings obtained confirm the existence of such influence, although its force seems rather moderate. A stronger influence was noted in relation to the jointly analyzed individual components, as well as the one related to general organization, which constitute the exploitation abilities, as well as in relation to three basic specialized assets within this type of abilities.

scholarly journals Factors Affecting on Gaining a Sustainable Competitive Advantage for Sri Lankan Higher Educational Institutes

2018 ◽  
Vol 11 (4) ◽  
pp. 106
Author(s):  
Liyanachchi Mahesha Harshani De Silva ◽  
Charith D. Chitraranjan
Keyword(s):  
Competitive Advantage ◽  
Organizational Performance ◽  
Core Competencies ◽  
Decision Makers ◽  
Sri Lankan ◽  
Competitive Advantages ◽  
Sustainable Competitive Advantage ◽  
Factors Affecting ◽  
Student Teacher Relationship ◽  
Good Reputation

Over the past few years, number of seats has grown significantly in Higher Education Institutes (HEI), thus it becomes prudent to look at the ways of improving decision making of the HEI. Thus, the aim of this study is to investigate factors affecting the sustainable competitive advantage. Since literature does not support strong underpinnings in this area, an exploratory and grounded theory-based study was designed to conduct this study. The main contribution of this research is that we propose factors to consider for an HEI to achieve sustainable competitive advantage. Our findings indicate that proper student-teacher relationship, maintaining good reputation, maintaining a high rank and good indexing’s, maintain good relationships with industries, student participation in competitions, accreditation from reputable institutions are the most significant factors affecting the sustainable competitive advantage (AA) within Sri Lankan HEIs. To remain competitive and obtain competitive advantages, HEI decision makers can try to increase organizational performance by managing each dimension of core competence, i.e. Market profile; Innovation and Core Competencies.

scholarly journals Competitive advantages of multinational companies: A review of theoretical approaches

2011 ◽  
Vol 63 (2) ◽  
pp. 237-259 ◽  
Author(s):  
Biljana Pesalj
Keyword(s):  
Knowledge Transfer ◽  
Competitive Advantage ◽  
Transition Economies ◽  
Knowledge Creation ◽  
Multinational Companies ◽  
Point Of View ◽  
Competitive Advantages ◽  
Transfer Of Knowledge ◽  
Theoretical Approaches ◽  
Organizational Mechanisms

According to knowledge and network-based theories of multinational companies (MNCs), the main source of MNC competitive advantage is the creation and transfer of knowledge within the MNC system. The processes of knowledge creation and knowledge transfer are extensively investigated in the present literature. However, there are issues that are still underdeveloped, such as control and organizational mechanisms as a micro foundation of modern MNC theories. This paper is aimed at presenting an overview of the modern theoretical approaches of MNC competitive advantages from the managerial point of view. The applicability of these concepts is further considered in the case of MNC affiliates doing their business in transition economies in order to provide guidelines for future empirical research.

scholarly journals FEATURES OF COMPETITIVE ADVANTAGES DEVELOPMENT OF THE ENTERPRISE IN MODERN FUNCTIONING CONDITIONS

2018 ◽  
pp. 34-39
Author(s):  
Dariia Bernytska
Keyword(s):  
Competitive Advantage ◽  
Competitive Advantages ◽  
Specific Group ◽  
Foreign Markets ◽  
Qualitative And Quantitative ◽  
Quantitative Characteristics ◽  
Close Relationship ◽  
The One ◽  
Internal And External Factors ◽  
Qualitative And Quantitative Characteristics

The article sums up approaches of different scientists to determine the sources’ formation of competitive advantages. The basis of the general competitive advantage of the enterprise is determined - internal competitive advantages, which reflect the potential of the enterprise to achieve its competitive positions. External competitive advantages, on the one hand, orient the enterprise to develop and use different internal advantages, but on the other - provide it with stable competitive positions, since they are oriented towards the purposeful satisfaction of a specific group of consumers’ needs. It is specified that the process of forming competitive advantages of an enterprise begins with the idea of its creation by determining the appropriate source under the influence of internal and external factors, between which there is a close relationship. It has been established that the list of sources of competitive advantage is quite large and varied, but an important factor in ensuring the competitive advantage of the company in the domestic and foreign markets is the correlation of price and quality. It has been proven that the successful formation of competitive advantages should be based on qualitative, quantitative and cost approaches through the development of qualitative and quantitative characteristics of the process or products.

scholarly journals Knowledge Management in Mexican Manufacturing Small Business

2017 ◽  
Vol 8 (2) ◽  
pp. 47 ◽  
Author(s):  
Gonzalo Maldonado-Guzman ◽  
Jose Trinidad Marin-Aguilar ◽  
Sandra Yesenia Pinzon-Castro
Keyword(s):  
Knowledge Management ◽  
Small Business ◽  
Competitive Advantage ◽  
21St Century ◽  
Intangible Assets ◽  
Business Environment ◽  
Good Knowledge ◽  
Competitive Advantages ◽  
And Performance ◽  
The One

In an unpredictable business environment, such as the one that characterized the economy at the beginning of the 21st century, knowledge management has become one of the most valued intangible assets by organizations that have recognized the importance of knowledge in the creation and development of competitive advantages and performance. However, most investigations have been focused on big enterprises, only a few have been paid attention to small and medium-sized enterprises (SMEs). For this reason, the present research analyzes the importance of knowledge management in SMEs through a sample of 125 manufacturing SMEs from Aguascalientes State (Mexico). The results obtained show that manufacturing SMEs have good knowledge management which can be regarded as a competitive advantage.

scholarly journals Management Intellectual Capital and its Role in Achieving Competitive Advantages at Jordnanian Private Universities

2020 ◽  
Vol 10 (2) ◽  
pp. 92
Author(s):  
Khulah Qassas ◽  
Ahmad Areıqat
Keyword(s):  
Social Sciences ◽  
Competitive Advantage ◽  
Intellectual Capital ◽  
Quality Of Education ◽  
Relational Capital ◽  
Competitive Advantages ◽  
Structural Capital ◽  
The University

This study aimed to identify the role of intellectual capital (human capital, structural capital, and relational capital) in achieving competitive advantage (quality of education, flexible and responsive, and innovation) at Al-Ahliyya Amman University, to achieve these goals, the researcher used the descriptive and analytical approach. The study tool in collecting information and data was a questionnaire distributed to all the university's employees, who numbered (630) individuals. The data, the study questions and hypotheses were analyzed through the Statistical Package for Social Sciences (SPSS).The study concluded some results, the most important is: The structural capital and its components (combined) have a statistically significant effect on achieving competitive advantage. The researcher recommend the necessity of dealing with intellectual capital as a major and strategic resource for the university and considering it the real wealth that guarantees universities the ability to adapt to achieve a competitive advantage in them.

Understanding functional illiteracy from a policy, adult education, and cognition point of view: Towards a joint referent framework

2019 ◽  
Vol 30 (2) ◽  
pp. 109-122
Author(s):  
Aleksandar Bulajić ◽  
Miomir Despotović ◽  
Thomas Lachmann
Keyword(s):  
Adult Education ◽  
Operational Definition ◽  
Literacy Skills ◽  
Point Of View ◽  
Industrialized Countries ◽  
Functional Illiteracy ◽  
Scale Levels ◽  
Components Of Reading ◽  
The One ◽  
Definition Of

Abstract. The article discusses the emergence of a functional literacy construct and the rediscovery of illiteracy in industrialized countries during the second half of the 20th century. It offers a short explanation of how the construct evolved over time. In addition, it explores how functional (il)literacy is conceived differently by research discourses of cognitive and neural studies, on the one hand, and by prescriptive and normative international policy documents and adult education, on the other hand. Furthermore, it analyses how literacy skills surveys such as the Level One Study (leo.) or the PIAAC may help to bridge the gap between cognitive and more practical and educational approaches to literacy, the goal being to place the functional illiteracy (FI) construct within its existing scale levels. It also sheds more light on the way in which FI can be perceived in terms of different cognitive processes and underlying components of reading. By building on the previous work of other authors and previous definitions, the article brings together different views of FI and offers a perspective for a needed operational definition of the concept, which would be an appropriate reference point for future educational, political, and scientific utilization.

Recommendations of The Ombudsman’s Dilemma: Between Law Enforcement Officials and Protection of Credibility

2018 ◽  
Vol 2 ◽  
pp. 1-12
Author(s):  
Dyah Adriantini Sintha Dewi
Keyword(s):  
Law Enforcement ◽  
Public Service ◽  
Public Services ◽  
Point Of View ◽  
Law Enforcement Officials ◽  
Muslim Majority ◽  
The Republic ◽  
The Government ◽  
The One ◽  
Oversight Body

The Ombudsman as an external oversight body for official performance, in Fikih Siyasah (constitutionality in Islam) is included in the supervision stipulated in legislation (al-musahabah al-qomariyah). Supervision is done so that public service delivery to the community is in accordance with the rights of the community. This is done because in carrying out its duties, officials are very likely to conduct mal administration, which is bad public services that cause harm to the community. The Ombudsman is an institution authorized to resolve the mal administration issue, in which one of its products is by issuing a recommendation. Although Law No. 37 of 2018 on the Ombudsman of the Republic of Indonesia states that the recommendation is mandatory, theombudsman's recommendations have not been implemented. This is due to differences in point of view, ie on the one hand in the context of law enforcement, but on the other hand the implementation of the recommendation is considered as a means of opening the disgrace of officials. Recommendations are the last alternative of Ombudsman's efforts to resolve the mal administration case, given that a win-win solution is the goal, then mediation becomes the main effort. This is in accordance with the condition of the Muslim majority of Indonesian nation and prioritizes deliberation in resolving dispute. Therefore, it is necessary to educate the community and officials related to the implementation of the Ombudsman's recommendations in order to provide good public services for the community, which is the obligation of the government.

The Importance of Knowledge Transfer to Industry

2016 ◽  
Vol 4 (1) ◽  
pp. 1-6
Author(s):  
Emília Madudová ◽  
Keyword(s):  
Literature Review ◽  
Competitive Advantage ◽  
Divergent Thinking ◽  
Business Environment ◽  
Point Of View ◽  
Creative Industry ◽  
Specific Knowledge ◽  
Creative People ◽  
Industry Needs ◽  
Firm Owners

The paper examines the specific knowledge universities transfer to industry, reflecting to creative industry needs. As results shows, the most asked alumni competences should be tacit knowledge and divergent thinking. Divergent thinking influence the creativity. Creativity is often defined as the ability to develop new and useful ideas, but in deep literature review, we can see few irregularities and different definitions of creativity. The paper also evaluates the importance of creativity from business environment point of view and from the creative industry perspective and creative firm owners. As point of view. Another key finding is, that to educate creative people will be one of the key competitive advantage, because mainly the ability to create and disseminate knowledge is often at the heart of the organization's competitive advantage not only in creative industry, but in transport industry as well.

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