Compose a 1500 words essay on Social Entrepreneurship. Needs to be plagiarism free!Download file to see previous pages... For example in monotheistic business environment, a business is more likely to

Compose a 1500 words essay on Social Entrepreneurship. Needs to be plagiarism free!

Download file to see previous pages...

For example in monotheistic business environment, a business is more likely to be favored in terms of business performance since it can manipulate market forces to its advantage. Share our Strength's faces great competition from competitors and has only succeeded in that, it has continually applied strategic measures in all its important decisions.

Share our Strength's performance has been termed as sterling by many business analysts. The chain of businesses has recorded an after taxes profit of above $1 million. By applying concepts like vendor managed inventories as well as just-in-time concept, Share our Strength's has continued to maintain leadership in the wines and foods market in the US Share our Strength's, endeavors to remain a low-cost retailer, and by that it has been very effective in maintaining market attractiveness. By all means, Share our Strength's has achieved low cost retail prices something which has contributed to client faithfulness. This is core in terms of ensuring that, by utilizing this strategy, Share our Strength's is able to save extra costs associated with poor planning. By keeping products and services as low as practically possible, Share our Strength's can afford to lower prices since there are less expenditures. In long term this contributes to industry attractiveness.

The other area in which the company has achieved competitive advantage is in terms of adapting information systems. By choosing to be a low cost producer the organization has set out to be a market leader. In terms of incorporating information technology, Share our Strength's has computerized its purchasing systems to incorporate E-purchasing. As purchasing strategy e-purchasing is economical, reliable and cost effective.

Compared to a competitor who does not recognize the e-business concept, Share our Strength's has been able to save a lot by embracing e-business as a marketing strategy as well as incorporating ebusiness in its internal and external processes.

In the case of Share our strength, competitive advantage is also dependent on how company utilizes and takes advantage of buyer power at its disposal, the threat of substitutes, supplier power, ease of entry as well as the intensity of intra-industry activity and convert all of those factors to its advantage. By integrating IT through out the whole retail chain Share our Strength's ensures that, its partners are free and feel respected and therefore trade is done in an environment of cordial relationships.

Share our Strength's principal functions and activities include.