EXERCISES
- What is the objective of internal analysis?
- What is the difference between a resource and a capability?
- What is the difference between a tangible and an intangible resource or capability?
- What is a core competency?
- What framework helps you identify those resources, capabilities, or core competencies that provide competitive advantage?
- Why might competitive advantage for a firm be fleeting?
- What do properly conceived and implemented controls allow an organization to do?
- What are three common steps in organizational control?
- What are some of the costs of organizational controls?
- What are some of the benefits of organizational controls?
- How do managers determine when benefits outweigh costs?
