EBK STRATEGIC MANAGEMENT: CONCEPTS
3rd Edition
ISBN: 8220102807938
Author: Rothaermel
Publisher: YUZU
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Chapter 4, Problem 3DQ
Summary Introduction
To explain: If the measure is independent or interdependent.
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The resourced-based view of the firm identifies four criteria that managers can use to evaluate whether particular resources and capabilities are core competencies and can, therefore, provide a basis for sustainable competitive advantage. Are these measures independent or interdependent? Explain. If some of the measure are interdependent, what implications does that fact have for managers wanting to create and sustain a competitive advantage?
Make use of the VRIO framework and determine if Pfizer can develop any sustainable competitive advantages.
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- The an existing public organisation intends to update its three year startegix plan for the years 2023-2025 and has provided funds in its annual budget 2022 as well as from partners. The organisation aims to recruit a startegic planning facilitator to assist it update its strategic plan to enable it to meet the challenges of the sectors over the next three year and position it asthe employer of chioce and the leading public sector instituion in the africa. This assignment forms part of the effort of creating the enabling and modern work envirnment as a whole and also putting in place a formidable strtegiy and organisational plan. The goal would be to assure best pratice in public service delivery and oganisational effectiveness as well as build a class of high cilber next generation professionals that will be increasingly relied upon by government and the public in the management of thoses critical sectors of the economy. Besides the traditional functions listed, the organsiation is…arrow_forwardExplain the elements of strategic thinking (at least 4 elements) and their importance in a business decision and management to ensure effective organizations to sustain their performance and survive for long term.arrow_forwardExplore the concept of strategic alignment and discuss how organizations can ensure that their long-term plans are closely aligned with their mission, vision, values, and overall corporate objectives.arrow_forward
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