Discuss the resource-based view of competitive advantage. Why is it important to understand organizational differences to use this approach?
Discuss the resource-based view of competitive advantage. Why is it important to understand organizational differences t...
Question 1: Reputation and organizational culture are examples of A) Tangible assets B) A competitive advantage C) Capabilities D) Intangible assets Question 2: Why is organizational structure important in RBV? A) The structure of the organization determines the best strategy with which to engage its competitors B) RBV argues that organization structure is peripheral to companies C) Organizational structure is a source of the managerial controls central to RBV D) Organizational structure is a major determinant of a firm's ability...
The Resource-Based View in Sports This activity is important because as a manager, you should understand the factors that affect a firm's profitability and long-term survival. According to the resource-based view, a company can gain competitive advantage from resources that are inimitable and rare. The goal of this exercise is to demonstrate your understanding of the resource-based view by answering questions after reading a case study. Read the case about the resource-based view in sports and answer the questions that...
How can a firm gain and sustain a competitive advantage through the use of a resource based view?
In a Short Essay, explain why human resource management is important to organizational success.
1.The resource based view locates the source of advantage at the a. Individual firm level b. Industry level c. Both a and b d. None of the above 2.To keep employees from shirking, you can invest in greater monitoring a. when employees fail to respond to incentive contracts b. even though monitoring is expensive c. especially when monitoring is not very efficient d. when incentives solve both moral hazard and adverse selection problems with employees. 3. How does Ebay differ...
Discuss the importance of organizational processes and how they facilitate resource planning for an organization or an enterprise. Please argue why you support or do not support claim?
Which one of the following is a MISCONCEPTION of the Resource-Based View (RBV)? Firm performance is driven entirely by internal factors. All companies must leverage their information technology. Most companies can gain competitive advantage from internal factors. Firm performance is partially driven by internal factors. All companies are part of the information technology landscape
Briefly discuss why Internal Organizational Analysis is important. Then briefly discuss how the ultimate product of it is used with the ultimate product of External Analysis to give an inside/outside picture of the firm and its environment. (Hint: there is a third analysis technique you will need to mention and describe in your answer.)
1. Identify the competitive advantage of IKEA and discuss why it’s global marketing has been so successful. (8 marks)
hapter 4 (2). Identify and discuss real examples of companies with a competitive advantage based on customer lock-in as opposed to product innovation. Which do you expect to sustain a high ROIC for a longer time? Chapter 5 (1). Discuss the three generic sources of a company’s growth, their relative importance for its growth, and what this means for a company’s strategy.