Social Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words

Social Entrepreneurship - Essay ExampleFor example in monotheistic business environment, a business is more likely to be favored in terms of business performance since it can manipulate market forces to its advantage. piece our Strengths faces great competition from competitors and has only succeeded in that, it has continu all(prenominal)y applied strategic measures in all its important decisions.Share our Strengths performance has been termed as sterling by many business analysts. The chain of businesses has recorded an after taxes profit of above $1 million. By applying concepts like vendor managed inventories as well as just-in-time concept, Share our Strengths has continued to maintain leadership in the wines and foods market in the US Share our Strengths, endeavors to remain a first- comprise retailer, and by that it has been very effective in maintaining market attractiveness. By all means, Share our Strengths has achieved low cost retail prices something which has contribut ed to client faithfulness. This is core in terms of ensuring that, by utilizing this dodge, Share our Strengths is able to save extra costs associated with poor planning. By keeping products and services as low as practically possible, Share our Strengths can afford to lower prices since there are less expenditures. In long term this contributes to industry attractiveness. The other bailiwick in which the fraternity has achieved competitive advantage is in terms of adapting information systems. By choosing to be a low cost producer the organization has knack out to be a market leader. In terms of incorporating information technology, Share our Strengths has computerized its purchasing systems to incorporate E-purchasing. As purchasing strategy e-purchasing is economical, reliable and cost effective. Compared to a competitor who does not recognize the e-business concept, Share our Strengths has been able to save a lot by embracing e-business as a marketing strategy as well as inc orporating ebusiness in its internal and external processes. In the case of Share our strength, competitive advantage is also dependent on how company utilizes and takes advantage of buyer power at its disposal, the threat of substitutes, supplier power, ease of entry as well as the intensity of intra-industry activity and convert all of those factors to its advantage. By integrating IT through out the whole retail chain Share our Strengths ensures that, its partners are free and feel respected and therefore trade is through with(p) in an environment of cordial relationships. Share our Strengths principal functions and activities include purchasing, distribution