Several factors which have a significant impact on competitive advantage of Tesco Plc include marketing strategies, economies of scale, innovation and use of latest technology. March 2019 . Innocent has focused on th… Research design is a systematically-arranged plans or procedures based on certain assumptions, to answer the studys research questions14. The financial measures are mostly characterized with Return on Assets (ROA) and Return on Equity (ROE) to measure yearly turn-out profit of the company. Res. The concept of competitive advantage has received considerable interest from researchers. Competitive advantage as an organizational construct has also been disparately defined and conceptualized in different terms and measures, many of these are inconsistent with bankings institutional focus. Clearly, a high number of competitors of equal size will lead to more intense rivalry. Competitive Advantage. The SLR usually defines the review protocol by specifying the topic to be researched and the method customized in conducting the review. The global practice of banking organizations is to stimulate national economic growth by increasing operating revenues, deposit and credit facilities. Cost Leader ABSTRACT This study sets out to investigate the factors that influence sustainable competitive advantage among cut flower companies in Naivasha District, taking specific cases of two companies which for this purpose we will refer them as company A and B. The most significant factor influencing sustainable competitive advantage at BIDCO is advertising, followed by packaging and branding respectively. With the emergence of the digital economy and shorter product/service life cycles, FACTORS INFLUENCING SUSTAINED COMPETITIVE ADVANTAGE AMONG TELECOMMUNICATION FIRMS IN MALAYSIA. ABSTRACT This study sets out to investigate the factors that influence sustainable competitive advantage among cut flower companies in Naivasha District, taking specific cases of two companies which for this purpose we will refer them as company A and B. Notably, in studies that investigated competitive advantage using non-financial measures, it is investigated as moderator, mediator or antecedent variable to the actualization of organization performance. The research revealed that the main types of competitive advantages enjoyed by commercial banks are Brand Loyalty. Faculty : Economics and Management . Almost every business takes into consideration the external factors such as political, economic, and legal and many others to keep growth and gain competitive advantage. Competitive advantage is the capacity of a country (or on smaller scales, of a company) to offer higher levels of value to consumers than other countries, companies, etc. https://scialert.net/abstract/?doi=rjbm.2017.67.73, SLR research design (Adapted from Kitchenham, Summary of the review on competitive advantage, Summary of dimensions where competitive advantage are studied as independent variable, Summary of the antecedent factors of competitive advantage, It provides a banking institutional focus definition for competitive advantage that measures both financial and non-financial dimensions, It identifies the antecedent factors of competitive advantage in the banking sector, It presents the methodological approach of using Systematic Literature Review (SLR) in answering research questions. Kuettner and Schubert28, Wang and Hong29, Militaru and Ionescu30 and Schatz and Bashroush27 conceptualized and measured competitive advantage as organizations strategic planning and corporate social responsibility. Cost leadership, differentiation advantage identified by Porter as the main types of competitive advantage. Conceptualizing competitive advantage for banking organization: The conceptualization of organization competitive advantage is often determined by the nature of the organization being investigated. In these studies, competitive advantage is investigated as the dependent variable i.e., the consequence. The production factors that can be a source of competitive advantage are: 1. In these stances, constructs like strategic planning, competitive intelligence, corporate social responsibility, innovation and creativity are used as synonyms to competitive advantage6-8. The research method employed in this studys research design is SLR. In summary, competitive advantage is the same term as firm/organization performance when measured with constructs that reflect the organization growth or in terms of innovation and other associated constructs. Identifying these antecedents are essential for conceptualizing and investigating constructs that are related to competitive advantage in the banking sector and extending the previously-proposed related conceptual models. Advertising of the product at lower prices. Background: The economic importance of banking institutions to national development has been a motivating factor for the sectors bid towards developing and implementing arrays of frameworks for competitive advantage. The significances of this study, among others are: I would like to thank all those who participated in this study, my supervisor and the co-supervisor for sharing their experiences with us and School of Business Innovation and Technopreneurship, University Malaysia Perlis. The strongest forms of competitive advantage come from business model innovation and management innovation. The relationship between the measures of the competitive advantage and the position of the construct in the conceptual model is also an interesting niche for research exploration. Planning the review: Planning the review phase is essential in achieving an unbiased result. Reporting the review: The findings of the SLR are reported through a step-by-step description and explanation of the phases conducted and the result found through the research process. At this phase, the researcher sets the requirement necessary to collate broad and objective information critiqued in answering the research questions. Factors influencing competitive advantage The competitive advantage of Tesco Plc has a significant impact on its operational efficiency, profitability and customer base[ CITATION Pau141 \l 1033 ]. Citation: Karuoya, L. N. (2014). Results: The study found that quality of service or/and management, corporate social responsibility, strategy formulation, (electronic) marketing innovation and creativity, among others are factors influencing competitive advantage in the banking sector. Antecedents factors of competitive advantage: Several previous studies have attempted to conceptually discuss banking institutions competitive advantages with respect to its causative factors generally35-37. By . DEVANDRAN MUTHU . This notable disparity in the conceptualization and operationalization of competitive advantage, more specifically in the narrow context of banking sector, motivated this study. Closed ended questionnaires were used to collect data. Second, using Systematic Literature Review (SLR), this study identifies the antecedent factors of competitive advantage in the banking sector. Conclusion: Competitive advantage can be conceptualized with measurable financial and/or non-financial dimensions and tested in future empirical studies for model fitness. 69. The intervention is the converging points of the objectives to be achieved by this study and the comparison is to situate the findings within the body of knowledge and in relationship with past related studies. Mutua Shedrack Mbithi, 4Dr. The three factors above will help you win someone over in order to build a relationship with them; however, the relationship itself will give you an edge once it is established. Research objectives The general objective from where the researcher drew his specific objectives was, to identify factors that influence or affect competitive advantage in Nairobi North District SACCOs. Factors Influencing Competitive Advantage In Banking Sector A, project management assignments jokes powerpoint, graphicriver simple resume download, essaytyper legitimate credit payment card work Banks are expected to be well-capitalized and imbibe restricted lending culture to avail the much needed sustainable growth and development3,4. The investment analyst firm Market Realist identified brand strength, innovation, supply chain management and premium pricing strategy as key factors in the company’s competitive advantage. A fourth factor that fits in with a long-term competitive advantage is relationship. J. Factors Influencing Pricing – Nature of Consumer Demand, Competition, Distribution Network, Internal Factors and Environmental Factors . By nature, production implies conversion of inputs into value added output as per consumer specifications. In such cases, constructs like organizational performance, operational efficiency, financial performance, financial sustainability, organization creativity8 and innovation9,10 have also been used in describing competitive advantage10-13. Competitive advantage comes about from general elements described in competitive advantage and from types of innovation described in innovation. Factors influencing sustainable competitive advantage among cut flower companies. Innocent competes in a dynamic and complex environment. The antecedents factors of competitive advantage are found to be (electronic) quality of service or/and management, corporate social responsibility, strategy formulation, (electronic) marketing innovation and creativity, customer orientation and market differentiation. The outcomes are the findings of the review process. Factors Affecting Sustainability Of A Competitive Advantage : The obsolescence of a core competence, the basis of the value creating strategy, as a result of environmental changes is considered a Factor Affecting Sustainability Of A Competitive Advantage. Firms need to manage the factors that contribute towards competitive advantage to ensure their survival. Factors influencing sustainable competitive advantage among cut flower companies. Corpus ID: 55682858. Also, the identified antecedent factors of competitive advantage, among other are customer orientation and market differentiation, firms performance, core competence and increased sales. The definition of competitive advantage provided by Ward and Peppard5, being a broad concept that deals with business engineering process (BRP) in view of ensuring organizations are edges over their competitors is acceptable. Factors influencing competitive advantage The competitive advantage of Tesco Plc has a significant impact on its operational efficiency, profitability and customer base [ CITATION Pau141 \l 1033 ]. factors influencing competitive advantage among oil and gas companies in nairobi kenya by mary w maina a research project submitted in partial fulfillment of the requirements for the award of the degree of master of business administration, school of business, university of nairobi august 2015 The research design was a survey which looked at all the forty three commercial banks in Kenya. Business Manage., 11 (2): 67-73, 2017 Table 2: Summary of the review on competitive advantage There are essentially two strategies for creating competitive advantage. According to economic theory, companies compete with each other in the marketplace. 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