HRM 3430 Chapter 1: How to Determine Competitive Positions

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Althea Gordon

Document Summary

Hrm 3430 how to determine how organizations can compete against rivals. An organization/business/company needs to be ready by having everything ready such as goods and services, products in order to be able to compete. Every little thing needs to be done so that it can pass through multiple channels of distributions so that then it can be determined of what the prices will be. In order to give the organization/business/company a competitive edge, senior managers and other employees that work on determining competitive positions must figure out all of the information such as customer and consumer demographics and other relating information. This is one way of how businesses/companies can compete. They do this in order to make customers want and need what they are offering.