PARAPHRASE chapter 13 Essay Example | Topics and Well Written Essays - 1000 words

PARAPHRASE chapter 13 - Essay Example ties better than competitors perform, a firm is potentially able to create more value than its competitors do.  Frequently, strategic positions in a firm can be classified into two broad categories, namely a cost advantage or a differentiation advantage. Should a firm beat others in activities that breed superior differentiation or in activities that create reduced expenses, its strategic standing should correspond to these activities. A firm can conveniently outsource its value-added activities to other firms that can do such activities at a relatively lower cost. However, a firm should refrain from outsourcing activities which though can be performed cheaply by other firms would lead it to subject itself to considerable transactions costs and hold. Chandler holds the view that capital-intensive industries enjoy economies of scale. Industries that can produce in large quantities can achieve considerable reductions in costs. A crucial ingredient of a few firms that will control the market and be successful is if they continue producing throughout. The marketing department is charged with identifying markets, securing distribution and determining the price at which the firm can sell its increased output. There exists few natural sources of economies of scale in labor-intensive industries hence big firms have no intrinsic cost advantage over small firms. Where there are many firms and absent product differentiation, the market will be dominated by few opportunities for profits. A key function of the marketing department is to distinguish the firm’s products in the mind of the consumer.  The department turns out to be a central origin of value in the firm. Successful differentiation on the other hand is capable of turning the market monopolistically competitive or oligopolistic where image differentiation is immensely successful. Marketing steers this progression of market structure. An experience good refers to a product whose quality is only assessable after

Importance of Technology in Education Research Paper

Importance of Technology in Education - Research Paper Example From the discussion it is clear that access to technology opportunities and devices assists in learning factors of time and place that make mobile learning as an important tool for lifelong knowledge. Education by using technology allow for the use of electronic devices, desktop and smartphones that assist in developing education both for teachers and for students. Technological education provides access to a large broad of selected research in technology and structures organized by technology. Students and technology organize relevant resources that perceive various developments and research for the various completion topics learned using technology in education.As the report discusses wide educational spectrum increases attention by policy makers in making technological education relevant in various aspects. Traditional roles open opportunity for education and learners for quality teaching by allowing the use of technology to assist in developing education standards. Professors in universities and colleges promote the use of technology into various train individuals such as public accountants, armed forces, physicians, and nurses because technology gives them as an easy time to comprehend various aspects of education. Students have various excitements concerning internet technology as subsided to considerable extents.  The role of education based on education promotes curriculum development as an instructional delivery system for students.