Chapter 3, Problem 7DQ

Explanation of Solution

Yes, it is agreed that the management practice that is laid with the leading –edge retailers will be considered as the major advantage for making a firm being successful.

Reason:

• Every firm is considered to have their management strategy in retaining the position in the market place.
• Firm is considered to have their own strategic management system that is suited for the business process that is undergone and the system that is designed needs to be updated based on the technological change and as well as to gain a competitive advantage for an extended period of time.
• The technological can be replicated whereas the management strategy that is laid with the company cannot be replicated or copied by other competitors.
• The success of the firm depends on the focus that is laid with the clear objective that is laid with the mission, vision and having a proper decision management system for making the firm being successful with their business process and along with the competitive edges.

Analysis:

An analysis is made below in what ways the advantages are provided based on the management perspective and technology perspective.

Advantage with the management

• There is a chance where the system implemented by the Dell and Walmart can be copied by other competitors and this is case where the argument can be made against the technology...