Competitive Advantage with an Organization

Question 1

An organization’s accomplishments are essentially reliant on its suitability in the
market and its association with the clients. When a business entity has an ingrained name in
the industry and a cordial relationship with the clients, there is an increasing likelihood of
excelling. On the other hand, this is reliant on the quality of items and strategic organization
regarding the competitive advantage. These dynamics occur within the business entity. The
management of the organization management is tasked with developing enhanced plans and
producing high-quality products if the company desires to gain an edge over key rivals in the
same industry (West Ford & Ibrahim, 2015). By identifying the corporation's fundamental
strengths and identifying the organization's key strengths, the company can develop and
survive in the competitive market segment. The systems that direct the production and input
structures are engraved outside the organization to guarantee achievements lie in the
competitive edge.

Question 2

EMI abolished the copyrights on the fundamental technologies and capitalized to
develop the business, developing affiliations with medical facilities. They attempted to
establish modalities of how CT may assist clinicians and creating a sales force to retail the
scanners to medical facilities in America. General Electric and then Siemens certified several
technological advancements from EMI and rapidly developed a huge CT scanning business.
GE's CT scanners' ultimate achievement depended on integrating the technological
investments in the machinery with GE’s product and consumer relations. Indeed, the
accomplishments of the Beatles rely on the integration of new concepts and the Parlophone intangibles. This entailed their capacity to sponsor and advertise the band (Haskel, 2020).
The roles of GE and Siemens in the CT scanners development denotes one of the distinctive
aspects of intangible investments that facilitate competitive advantage in the industry.
Ultimately, the company managed to integrate EMI's intangible financings at a comparatively
lower rate.

References

Haskel, J. (2020). How the Beatles helped invent the CAT scan. Or, what intangible
investment means in the modern economy. Retrieved from
https://www.linkedin.com/pulse/how-beatles-helped-invent-cat-scan-what-intangible-
means-westlake/

West, D. C., Ford, J., & Ibrahim, E. (2015). Strategic marketing: creating competitive
advantage. Oxford University Press, USA.