Competitive Advantage and Globalization

Assignment 2: Discussion—Competitive Advantage and Globalization

Competitive advantage implies the creation of a system that has a unique advantage over competitors. With the advent of globalization, the competition has become stronger and can be located anywhere in the world. The idea behind competitive advantage is to create customer value in an efficient and sustainable way. One approach to address this issue would be the use of resource-based theories of competitive advantage.

Resources are not simply raw materials but include all the inputs, such as intellectual capital, necessary to produce a good or service. Consider this as you address globalization strategies for Fortune 500 firms in this assignment. Be mindful of constraints, such as transportation costs and cultural barriers, as you complete this assignment.

Review the article “Resource-Based Theories of Competitive Advantage: A Ten-Year Retrospective on the Resource-Based View” by J. B. Barney from the readings for this module.

Based on your analysis of this article and other readings for this module, respond to the following:

Explain how resource-based competitive advantage drives globalization strategies for Fortune 500 firms.
Why are application of project management principles critical to effective business operations?

Substantiate your response with properly cited examples. Write your initial response in 300–500 words. Apply APA standards to citation of sources.

By Saturday, July 19, 2014, post your response to the appropriate Discussion Area. Through Wednesday, July 23, 2014, review and comment on at least two peers’ responses.

Do the following when responding to your peers:

Read all your peers’ postings.
Comment on the following points:

What are the competitive advantages that are being exploited by the firms?
Are the strategies discussed by your peers necessarily global, or are there local solutions of equal cost or lower risk that are economically defensible?
How do the globalization strategies suggested by your peers capture a resource base beyond the lowest cost?
What other factors are at play that your peers have missed?

Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. (ProQuest Document ID: 215258436) http://search.proquest.com.libproxy.edmc.edu/docview/215258436?accountid=34899

Barney, J. B. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(6), 643–650. Retrieved from http://jom.sagepub.com.libproxy.edmc.edu/content/27/6/643.full.pdf+html

Assignment 2 Grading Criteria	Maximum Points
Initial response: Was insightful, original, accurate, and timely. Was substantive and demonstrated advanced understanding of concepts. Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions.	16
Discussion response and participation: Responded to a minimum of two peers in a timely manner. Offered points of view supported by research. Asked challenging questions that promoted the discussion. Drew relationships between one or more points in the discussion.	16
Writing: Wrote in a clear, concise, formal, and organized manner. Responses were error free. Information from sources, where applicable, was paraphrased appropriately and accurately cited.	8
Total:	40

Turn in your highest-quality paper
Get a qualified writer to help you with

“ Competitive Advantage and Globalization ”

Get high-quality paper

NEW! AI matching with writer

Continue to order Get a quote

Our Guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.