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Value: Does it provide customer value and competitive advantage?
Rareness: Do no other competitors possess it?
Imitability: Is it costly for others to imitate?
Organization: Is the firm organized to exploit the resource? (p. 128).
When an organization can answer yes to these four questions it is considered a distinctive competency and should lead to an advantage in the market.
Class - can you apply these questions to your organizations core competency or one of an organization you are familiar with? What did your answers tell you?
What are general pitfalls that someone would expect to encounter in negotiating their salary for a new job (be specific)
What are some potential effects of a crisis situation? How can a crisis impact an organization? Why should an organization communicate quickly and honestly to its publics in a crisis situation?
The job of the executive leader is to encourage this role for everyone through empowerment, the manager through motivation, and the team leader or supervisor through mentoring, listening, and encouragement.
Explain what is the difference between crisis management and contingency planning and which one is more important in the hospitality industry? Why?
Part of the income that a machine generates is put into a sinking fund to replace the machine when it eventually wears out. If $1500 is deposited annually at an interest rate of 7% interest, how many years must the machine be kept before a new machin..
Use your information to discuss WalMart's entry strategy in different countries, their successes and their failures. How is WalMart's strategy perceived in the international business world
Baldwin's product Buddy has material costs that are rising from $13.66 to $14.66. Assume that period costs and other labor costs remain unchanged. If Baldwin decides to absorb the cost and not pass any on to its customers in the form of raised prices..
The key question for this essay is: "What is the internationalisation process of your "selected company" in the Mining industry of Mongolia
How does goal setting disturb the performance of the player on the Colts team? How do you ponder the Colts players would rate their job satisfaction? Why is this significant to the performance of the team as a whole?
Examine the two types of regulatory action that, according to the majority, automatically triggers compensation as takings, without a court needing to examine the circumstances in a case-specific manner.
Three-months after transition, determine whether call-center staffing ratio is correct, whether lay-offs are needed or whether there are other call-center issues that need to be addressed.
expanding an organizationsuppose five years have passed and your organization specialty care clinics for children is
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