Firm resources: competitiveness and growth
23 important questions on Firm resources: competitiveness and growth
What is a resource-based view?
What is the basic propsition of the resouce-based view?
How do we more persicely define primarly resources?
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Capailities are normanlyy developd internally and depend to some degree on tactit knowlege;
Managers and consultants often have to analyse what?
Tangible assets are those items that are observable and quantifiable what are the 2 categories?
reflect the depth on a firm's financial pockets
2) physical assets
including plants, offices, infrastructure etc.
What are intangible assets?
What do Human resources include?
-individual employees capacity for collaboration and their abilities for interpersonal interaction that aren't captured by the firm's formal systems and structures
-employees shared values traditions and social norms within an organization
What are capabilities innovation?
What are capabilities in operations?
What are capabilities in marketing?
What are capabilities in logistics and service?
What are capabilities to corporate coordination?
Firms are excelled at all these resource capabilities;
The most fundamental question is do the resources add value?
- relationship between value-creating resources and firm performance is straight forward
Next question how rare are these resouces?
Value creating and rear resources can be a...
The difficulties of imitation are related to a phenomenon known as social complexity
Overall only valuable, rare and hard-to-imitate resources that are organizationally embedded and exploited
A key tool for analyzing resources is benchmarking the essence of benchmarking is to compare your resources against those of your competitors on the basis of two questions?
2)how strong are your strengths and weaknesses as compared to your competitors?
What does provide generation, display and discussion of data in a benchmarking and lysis?
In addition to many factories process a number of service activities,
When activities are moved from a firms main country of operations to another country what do we talk about?
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