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Impact of Supply Chain Governance and ERP Application on Creating Competitive Advantage

Table 1: Application of Theoretical Frameworks in the Study of ERP and SCG Applications for Competitive Advantage

Theory Application in the Study
Resource-Based View (RBV) - Examining the valuable resources provided by ERP and SCG applications in enhancing competitive advantage.- Understanding how these technologies optimize supply chain operations and improve decision-making.
Dynamic Capabilities Theory - Investigating how ERP and SCG applications contribute to organizations' ability to adapt and respond to dynamic market conditions.- Exploring the relationship between these technologies and organizations' dynamic capabilities for sustained competitive advantage.
Transaction Cost Economics - Analyzing how ERP and SCG applications reduce transaction costs within supply chains.- Understanding how these technologies improve information flow, communication, collaboration, and reduce uncertainties and risks associated with transactions.
Institutional Theory - Examining the influence of institutional pressures on the adoption and implementation of ERP and SCG applications.- Understanding how organizations navigate the institutional environment to gain a competitive advantage aligned with prevailing norms and expectations.
Absorptive Capacity Theory - Exploring how organizations develop the capability to absorb and integrate knowledge from ERP and SCG applications.- Understanding how effective utilization of external knowledge resources enhances operational efficiency and decision-making, leading to a competitive advantage.
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