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In A Capitalist Economy, The Holy Grail Of Business Is A Sustainable Competitive Advantage, Which Is Defined By Michael Porter, A Harvard Business School Professor, As Follows: Sustainable Competitive Advantage (Sca) Exists When A Company Makes Economic Rents, That Is, Their Earnings Exceed Their Costs, Especially Including Cost Of Capital. That Means That Normal Competitive Pressures Are Not Able To Drive Down The Firm S Earnings To The Point Where They Cover All Costs And Just Provide Minimum Sufficient Additional Return To Keep Capital Invested. Most Forms Of Competitive Advantage Cannot Be Sustained For Any Length Of Time Because The Promise Of Economic Rents Drives Competitors To Duplic...
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In order to be effective, modern complex organizations require leadership at all levels which is capable of realising the creative potential of their people towards the attainment of common goals. Organizational Behaviour, a subject, based on scientific research and applied orientation, helps managers and members of organizations to understand, develop and utilize this tremendous human potential. It is now a widely accepted fact that mere possession of technical and administrative skills is not sufficient for leadership success. As such, the managers of the third millennium have started realising that emotions and attitudes of people are as important in determining the organizational success...
The "buoyant and brainy Mexican cooking authority" (New York Times) and star of the three-time James Beard Award-winning PBS series Pati's Mexican Table brings together more than 150 iconic dishes that define the country's cuisine
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