Management Concepts and Theories - Report Writing - Management Assignment Help

Assignment Task

Key Management concepts and theories

Strategic management – Omar houda

1.2 Levels and responsibilities of managers – Noura Merhi
Importance of managers on organisation performance
Competitive advantage – Enrique Martin
Competitive advantage is the ability of a business to produce goods and services at a cheaper cost. A company gains a competitive advantage when they release a product or service that a company has not, allowing the company to surpass its competitor. The company must develop clear goals and strategies to build sustainable competitive advantage (Porter 1985). When a company needs an advantage over competitors, managers play a big role as they have the responsibility to understand the differentiation of the workplace setting, find where existing area advantages and see where competitive advantages can be developed. Managers assess if there are greater advantages by cutting costs, generating new revenue or working through product differentiation schemes. (Porter 1985). The management of a company must also identify and have an understanding on the micro and macroenvironment, will have an advantage over its rivals and put the business in a stronger position to plan an effective strategy to achieve their long and short-term goals (Wirgau 2019). Competitive advantage plays a big role in a company and management as it establishes a coherent strategic method in sustaining a superior business.

1.2 Customer satisfaction – Rasheel Tannous
Conclusion
Summarises the report’s main points.
There is no new information here, since each idea or piece of information should already have been introduced in the body of the report.
Think about the conclusion as a mirror image of the introduction.
Students must recap each section of the report – this must be in the same order as the information is provided through the report.
Think about the tense of your writing here – you are telling the reader what has happened = past tense.
Competitive advantage can arrange a strong working environment. The company can benefit financially and can provide more facilities to the workers. Creating such an advantage is one of the most important goals of a company and without it, companies may find it hard to survive.

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