Project #73218 - Chapter 3 The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

Answers should be detailed, specific and comprehensive. No short-cuts, be explanatory answers should be half a page in length double space per question. Please note my teacher will use programs to detect plagiarism. So please NO PLAGARISM!!!! Review Questions – Chapter 3: The Internal Organization Resources, Capabilities, Core Competencies, and Completive Advantages 1. Why is it important for a firm to study and understand its internal organization? 2. What is value? Why is it critical for the firm to create value? How does it do so? 3. What are the differences between tangible and intangible resources? Why is it important for decision makers to under- stand these differences? Are tangible resources more valuable for creating capabilities than are intangible resources, or is the reverse true? Why? 4. What are capabilities? How do firms create capabilities? 5. What four criteria must capabilities satisfy for them to become core competencies? Why is it important for firms to use these criteria to evaluate their capabilities’ value-creating potential? 6. What is value chain analysis? What does the firm gain by successfully using this tool? 7. What is outsourcing? Why do firms outsource? Will outsourcing’s importance grow in the future? If so, why? 8. How do firms identify internal strengths and weaknesses? Why is it vital that managers have a clear understanding of their firm’s strengths and weaknesses? 9. What are core rigidities? What does it mean to say that each core competence could become a core rigidity?

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Due By (Pacific Time) 06/07/2015 11:00 am
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