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's 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.