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respond to this thread over a random article about management Mariah Burton Wednesday Competitive Environment Denition: The meaning of Competitive Environment is the surrounding of
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Mariah Burton Wednesday \"Competitive Environment" Denition: The meaning of Competitive Environment is the surrounding of rivalry among existing competitors and the threat of new entrants, which includes suppliers, customers, rivals, and buyers in the business and marketing world (Bateman & Konopaske. pg. 51). Summary: In the article, "Effective R&D Decision Making in Competitive Environment: A Quantitative Framework," by Calafut, Mazzuchi, and Sarkani. Talks about how the framework about R&D decision making, can be a critical tool in engineering management; it is used in many practices, which leads competition to drive many factors in determining opportunity values in businesses. The approach in those practices is to build a concept that R&D decision making can be mathematically optimized for resulting post competition value (PCV) of opportunities, rather than precompetition value. The framework utilizes a type of agent-based model, to stimulate forms of interactive competition to determine the PCV in the framework. Researchers consider candidate's decision-making behaviors and performances in different competitive environments. This shows the strategy region for decision-making and relative gains in PVC, which can be helpful to improve decision-making in each competitive environment. R&D decision making, is a useful tool, that is used by many engineering managers to their advantage for competition in R&D decision process (Calafut, Mazzuchi, & Sarkani, 2021). Discussion: In the articles, "Effective R&D Decision Making in Competitive Environments: A Quantitative Framework," by Calafut, Mazzuchi, and Sarkani and \"Developing a Model Based on Sustainable Development for Prioritizing Entrepreneurial Challenges Under a Competitive Environment," by Khalilsanjani, Saparauskas, Yazdani-Chamzini, Turskis, & Feyzbakhsh. Both talks about how the business environments, can use strategic tactics in the workplace, company, or entrepreneurship, to develop better decision-making to have strong competitive advantages, A method that some business owners or management can consider using are opportunities, The reason why this method tends to help some businesses, is because they should provide an appropriate opportunity for competitiveness by producing better quality goods and services, to be successfully marketed to consumers (Khalilsanjani, Saparauskas, Yazdani-Chamzini, Turskis, & Feyzbakhsh. 2021)." Consumers are looking to pay for better quality products and high professionalism in a business environment, since they have high expectations of what they want out of a business. However, some businesses will look at gaining treasures and values, instead of focusing on gaining better opportunities in an environment. That is why another method, called RED decision making can be mathematically optimized for the resulting postcompetition value (PVC) of opportunities, rather than fortheir initial precompetition value (Calafut, Mazzuchi, and Sarkani, 2021). When business owners or managers decides to focus on the wrong reasons or try to build gains out of greed, they lack decision-making and face many challenges in a business. Lastly, another contrast about both articles. Is that the authors in "Developing a Model Based on Sustainable Development for Prioritizing Entrepreneurial Challenges Under a Competitive Environment," talks about a branch of multi-criteria decision making (MCDM) techniques, is a powerful tool that can consider all interrelationships and interdependencies between criteria (Khalilsanjani, Saparauskas, Yazdani-Chamzini, Turskis, & Feyzbakhsh. 2021). And the authors in "Effective R&D Decision Making in Competitive Environments: A Quantitative Framework," talks about establishing quantitative framework to determine effective decision-making behaviors for competitive environments (Calafut, Mazzuchi, and Sarkani, 2021 ). Businesses need these strategic tactics in their competitive environment, in order to grow with many positive outcomes, such as nancial gains, employees, and consumers. Biblical Integration: "The blessing of the Lord makes rich, and he adds no sorrow with it (Proverbs 10:22)." In Scriptures, it talks about how the Lord sends his blessings to those who have faith in him, without pain and confusion. Many business owners (or management) tend to lose faith and disconnect from God. Because they are blinded by the love of money, which it is the rule of all evil. And when a person gets so absorbed in this worldly material, they intend to lead into mental health issues and pain, is because they are not building their foundation under the faith of God. Discussion: In the articles, \"Effective R&D Decision Making in Competitive Environments: A Quantitative Framework," by Calafut, Mazzuchi, and Sarkani and \"Developing a Model Based on Sustainable Development for Prioritizing Entrepreneurial Challenges Under a Competitive Environment," by Khalilsanjani, Saparauskas, Yazdani-Chamzini, Turskis, & Feyzbakhsh. Both talks about how the business environments, can use strategic tactics in the workplace, company, or entrepreneurship, to develop better decision-making to have strong competitive advantages. A method that some business owners or management can consider using are opportunities. The reason why this method tends to help some businesses, is because they should provide an appropriate opportunity for competitiveness by producing better quality goods and services, to be successfully marketed to consumers (Khalilsanjani, Saparauskas, Yazdani-Chamzini, Turskis, & Feyzbakhsh, 2021 )" Consumers are looking to pay for better quality products and high professionalism in a business environment, since they have high expectations of what they want out of a business However, some businesses will look at gaining treasures and values, instead of focusing on gaining better opportunities in an environment That is why another method, called R&D decision making can be mathematically optimized for the resulting postcompetition value (PVC) of opportunities, rather than for their initial precompetition value (Calafut, Mazzuchi, and Sarkani, 2021). When business owners or managers decides to focus on the wrong reasons or try to build gains out of greed, they lack decision-making and face many challenges in a business. Lastly, another contrast about both articles Is that the authors in "Developing a Model Based on Sustainable Development for Prioritizing Entrepreneurial Challenges Under a Competitive Environment," talks about a branch of multi-criteria decision making (MCDM) techniques, is a powerful tool that can consider all interrelationships and interdependencies between criteria (Khalilsanjani, Saparauskas, Yazdani-Chamzini, Turskis, & Feyzbakhsh, 2021) And the authors in "Effective R&D Decision Making in Competitive Environments: A Quantitative Framework," talks about establishing quantitative framework to determine effective decision-making behaviors for competitive environments (Calafut, Mazzuchi, and Sarkani, 2021). Businesses need these strategic tactics in their competitive environment, in order to grow with many positive outcomes, such as nancial gains, employees, and consumers, Biblical Integration: "The blessing of the Lord makes rich, and he adds no sorrow with it (Proverbs 10:22)." In Scriptures, it talks about how the Lord sends his blessings to those who have faith in him, without pain and confusion. Many business owners (or management) tend to lose faith and disconnect from God. Because they are blinded by the love of money, which it is the rule of all evil. And when a person gets so absorbed in this worldly material, they intend to lead into mental health issues and pain, is because they are not building their foundation under the faith of God. References: Bateman, TS. and Konopaske, R. (2022). Management (51h ed) New York, NY: McGraw-Hill Education Calafut, M., Mazzuchi, T., & Sarkani, S. (20212022,) Effective R&D decision making in competitive environments: A quantitative framework. lEEE Transactions on Engineering Management, ,1-19.Mpszf/dolorg/mi109/TEM.2021.3076350 if! Khalilsanjani, A., Saparauskas, .J., Yazdani-Chamzini, A., Turskis, Z., & Feyzbakhsh, A. (2021) Developing a model based on sustainable development for prioritizing entrepreneurial challenges under a competitive environment. Journal of Competitiveness, 13(3), 73.Mpsz/ldoiorg/iO.7441/joc.2021.0305 EStep by Step Solution
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