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1.Discuss how technological change creates enterpriserial opportunities. What are both(prenominal) current changes under way, and what opportunities do they create? Technology introduces more new ways of distribution and creation. The technological changes that have interpreted place over the years make it fairly flaccid for entrepreneur to redesign how the business should operate in fiat to outperform their current competitors. For example, Web2.0 is new forms of display ads using algorithmic program that not only do a better stemma of getting people attention but also give the gate be tracked with laser like precision. The new report of super smart, super targeted display ads will help entrepreneur to reach their best potential customer. 2.How do entry roadblocks persuade industry attractiveness and profitability? Ease of entry refers to how favorable or difficult it is for a new firm to arrive competing in the industry. The ease of entry into an industry is important because it determines the likelihood that a company will face new competitors. In industries that are easy to enter, sources of agonistical advantage tend to correct quickly. On the other hand, in industries that are difficult to enter, sources of competitive advantage last longer, and firms also tend to benefit from having a constant set of competitors.

In terms of profitability, low barrier are the characteristic of unprofitable market place because at that place are too many competition. For high barrier industry, the initial start up cost is high. Therefore, it is also unprofitable. 3.Discuss tone of voice as a schema. How can it be used to earn sustainable competitive advantage? Quality as dodge is refers to Total Quality Management (TQM). TQM is a management strategy aimed at embedding awareness of quality in all organizational processes. This requires ensuring that things are done right the first time and that defects and fantastic are eliminated from operations TQM refers to consumers as number one priority.. The execution of TQM... If you want to get a full essay, order it on our website: Orderessay

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