EXERCISES

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

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Strategic Management 2E by John Morris is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.

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