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Showing posts with the label Strategic Measures

Application of Information Technology: Michael Porter Generic Competitive Strategies in Hospitality Management

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Question: Explain how Information technology can be used to gain Michael Porter Generic Competitive Strategies in Hospitality Management. Explain with help of competing on knowledge strategic hospitality technology information. Answer: Michael Porter's Generic Competitive Strategies: Also known as Porter's Generic Strategies, are a set of three basic strategies that businesses can adopt to gain a competitive advantage in their industry. These strategies were introduced by Michael Porter in his book "Competitive Strategy: Techniques for Analyzing Industries and Competitors" published in 1980. Porter argued that companies need to choose one of these strategies to position themselves in the market and achieve sustainable competitive advantage. The three generic strategies are: Cost Leadership Strategy: The cost leadership strategy aims to become the lowest-cost producer in the industry while offering products or services at a competitive price. The key focus is on achiev...

Cyber Resilience in the Context of Nepal: Challenges, Opportunities, and Strategic Measures

 Introduction:   With the rapid advancement of digital technologies and increased connectivity, Nepal faces growing cybersecurity challenges. Building cyber resilience is crucial to protect critical systems, organizations, and individuals from cyber threats. This article delves deeper into the challenges, opportunities, and strategic measures that can be adopted to strengthen cyber resilience in Nepal. Challenges to Cyber Resilience in Nepal: Limited Awareness and Education: Cybersecurity awareness among individuals, businesses, and government entities in Nepal is still relatively low. Lack of knowledge about cyber threats, safe online practices, and the consequences of cyber incidents poses a significant challenge. Inadequate Legal and Regulatory Framework: Nepal's legal and regulatory framework for cybersecurity is still evolving. There is a need for comprehensive legislation addressing cybercrime, data protection, and privacy to establish a robust foundation for cyb...