Competitive advantage

Competitive advantage - 23:40 Competitiveadvantage

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23:40 Competitive advantage the ability to outperform competitors by increasing efficiency, quality, creativity, and  responsiveness to customers and effectively using employee talents supervisors will need to start requiring more on the job employee training -Occupational and Industry Trends Bigger companies are down sizing there human resources, public relations, and  accounting Low paying jobs are on the rise like, cashier, servers or washers Manufacturing jobs are declining but construction working jobs are increasing Small businesses are expected to create the most job growth Small businesses can provide unique and beneficial opportunities -Changing Technology and Business Conditions Computer skills are a must in seeking management jobs Give access to information that is necessary for making decisions IT revolution Traditional mode of face to face communication dying out with new social networking ex  facebook myspace Too much information With all the new technologies available people are wasting time need to figure out how  to properly manage information Supervisors need to keep up to date with technology -Global Challenges many us companies are invested with different cultures and countries US firms
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Competitive advantage - 23:40 Competitiveadvantage

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