Vrio analysis - Study guides, Revision notes & Summaries

MBA-FPX5006 Assessment 2 Latest 2024/2025 with complete solution; Capella University Content Executive Summary 3 Introduction 4 Internal Environment Analysis 4 Amazon’s VRIO Analysis 4 Amazon’s Ability to Leverage Its Strengths to Execute Strategies 5 Amazon’s Organizational Structure and Management System Design 6 External Environment Analysis 6 PESTEL Analysis 6 Political 7 Economical 7 Social 7 Technological 7 Environmental 8 Legal 8 Five Forces Analysis 8 Ensuring bett...

MGMT344 TEST QUESTIONS AND ANSWERS ALL CORRECT Performance comparisons - Answer- - trends over time - company and internal targets - comparison with competitors Criticisms on evironment-led perspective approach - Answer- - leads to predictable strategies - competitive environment changes rapidly VRIO analysis - Answer- Value, Rarity, Inimitability, Organization VIRO - Value - Answer- Asks whether a resource or capability adds value to the company. If it increases revenue/reduces ...

Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest profits ever. What can you assess about Ackbar's strategic competitive advantage? Can assess nothing about competitive advantage. Firms that outperform all their competitors must have a high quality strategy. False It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus even though the profitability of the firm has been negative for several ye...

WPC 480: M1-M13 QUESTIONS AND ANSWERS 100% PASS The purpose of strategy in business is to do what? To create and provide the business with sustainable competitive advantage The difference between strategic decisions and tactical decisions is one of degree. The characteristics that differentiate between a strategic decision and a tactical decision is based on which of the following. Amount of available resources consumed by the decision, Ability to reverse the decision and Temporal im...

MBA 705 CH 8&9 Questions and Answers Capital-Labor Substitution - Correct Answer ️️ -An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve - Correct Answer ️️ -The reduction in per-unit costs that occur as an organization gains experience producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of scale, and (3) capital-labor substitution possibilities Functional Strategies - ...

What does SWOT stand for? Ans: Strength, Weakness, Opportunities, Threats Which 2 of the SWOT adjectives are internal to an organization? Ans: Strengths and Weaknesses What is the purpose of SWOT? Ans: Useful framework for strategic decision making What is a gap analysis? Ans: The difference between a firms current position and their desired position in the market referring to an internal weakness What does the value chain do? Ans: Analyze strengthes and weaknesses and understand how ...

MBA 705 CH 8&9 Graded A+ Capital-Labor Substitution ️An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve ️The reduction in per-unit costs that occur as an organization gains experience producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of scale, and (3) capital-labor substitution possibilities Functional Strategies ️The strategies pursued by each functional area of ...

Core Competencies embedded strengths enabling value-creation Capabilities strategically orchestrating diverse resources Resources assets leveraged for strategy/ formulation Looking Inside the Firm for Core Competencies Competitive advantage derives from core competencies, which enable: 1. Differentiation of products/services creating perceived value, or 2. Cost leadership - offering products/services of comparable value at lower cost (Diagram) Looking Inside the...

WPC 480 (FINAL) Complete Questions And Answers 100% Solved Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest profits ever. What can you assess about Ackbar's strategic competitive advantage? - answerCan assess nothing about competitive advantage. Firms that outperform all their competitors must have a high quality strategy. - answerFalse It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus even tho...