Week 2 Building a Competitive Advantage

Week 2 Building a Competitive Advantage

Purpose of Assignment 

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The purpose of this assignment is to help students understand how manufacturing and service companies can maximize their competitive advantage. The Porter Model is discussed as a method to categorize and assess businesses and industries.

Assignment Steps 

Write a 1,050-word report in which you address the following:

• Examine and discuss competitive strategies that manufacturers can use to gain competitive advantage.
• Appraise costing and financial strategies for manufacturing and service companies.
• Identify value chain strategies for both manufacturing and service companies.
• Discuss (Porter’s Model) and categorize (NAICS) the industry of a company the Learning Team selects.

Cite 3 scholarly references, including at least one peer-reviewed reference from the University Library.

Format your paper consistent with APA guidelines. 

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Choose an herbal supplement or a vitamin and discuss the origin, culture, mechanism of action, condition or disease that it is used for. Discuss risk factors, regulations, reliability of your sources. Include any current newsworthy information related to the supplement that you have chosen to report. 2. Support your paper with cited peer reviewed journals no older than 5 years.