Mgt 498 Competitive Advantages Riordan Virtual Organization

MGT/498NameCompetitive AdvantageTutor’s Name02/08/2016Common Competitive Advantages Riordan Virtual Organization and Environmental Scan and Apple share a common competitive advantage of an overseas low cost manufacturing plant. Both the companies have manufacturing plants in china with Riordan Virtual Organization and Environmental Scan’s factory located in Hangzhou, China. This manufacturing operation takes advantage on the cheaper labour, favourable tax regimes on manufacturers, large pool of qualified manufacturing engineers, and cheaper cost of raw materials to deliver a cost advantage. Both companies have collaborated with local companies, which own the manufacturing infrastructure.Second common competitive advantage between Apple and Riordan Virtual Organization and Environmental Scan is a loyal customer base. Both companies have achieved this through a consistent record of accomplishment of innovation and cutting edge technology. To support innovation both companies have heavily invested in research.A third common competitive advantage is close relationships with employees. Like apple, Riordan has adopted a flatter management hierarchy and direct interactions between employees and management. Employees in both the companies are encouraged to be creative, to experiment and to communicate innovative ideas to the management.Innovation is the competitive strategy that Riordan could employ to