Mobilizing resources - internal analysis
9 important questions on Mobilizing resources - internal analysis
What are the 2 types of resources?
- Tangible <tastbaar> (land, buildings, materials, capital)
- Intangible (IP, culture, knowledge, relational resources: reputation, network)
What are the 4 conditions from an resource-based view to achieve sustained competitive advantage (barney)?
- Value
- Rareness: supply-demand
- Imperfect imitability: it's hard to copy
- Substitutability: same function but other resource (carbon ipv aluminimum)
What are the 3 factors concerning imperfect imitability?
- History dependent (right time, right place : aandelen apple, ervaring)
- Causal Ambiguity (waarom voordeel niet duidelijk, wanneer het goed gaat niet veranderen, KFC kruiden onbekend)
- Social complexity (team moet goed samenwerken anders nadeel)
- Higher grades + faster learning
- Never study anything twice
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Why is Carroll critical on the resource-based view?
What are the conditions to reach sustianable competitive advantage according Carroll?
- Relevance/value: differentiate firm from its rivals
- Durability: technical and economic life, time compression (=tijdsduur tot nieuwe generatie)
- Appropriability: who captures the value that is created (wie wordt betaald)
- Inimitability: hard to copy (social complexity, path dependency, causal ambiguity)
- Non-substitutability: no alternative resources/competences with same advantages
What are the criteria following Carroll the achieve competitive advantage over competition?
- Firm resource heterogeneity
- Relevance
- Scarcity
- Appropriability
What are the criteria following Carroll to go from competitive advantage to sustainable competitive advantage?
- Competitive advantage
- Duration
- Imperfect imitability
- Non-substitutability
Is the geometric or the arithmetric mean better to show the effect of the weak link?
Why is outsourcing bad for the internal competences?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
