Case study: MTN Introduction: The resource-based view of strategy According to Segal-Horn (2004 p 163) the Resource-Based View (RBV): “ ... places the firm rather than the industry at the centre of strategy formulation ... It has an internal resource focus rather than an external industry or market focus for strategic thinking.“ Why RBV? Rumelt’s research (Unit 3 Section 2 pp 8-9)‚ although contested‚ showed that the industry environment accounted for a very small percentage of the
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Competitive Advantage: Sustainable or Temporary in Today’s Dynamic Environment? Reginald M. Beal School of Business and Industry Florida A&M University Tallahassee‚ FL 32307 Tel: (850) 561-2339 Fax: (850) 599-3533 E-mail: rbeal@nettally.com Competitive Advantage: Sustainable or Temporary in Today’s Dynamic Environment? Spirited debate in the field of strategic management wages as to whether competitive advantage is sustainable or merely temporary in today’s highly dynamic environments. The objectivity
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selling in 1998. Victory has been modestly profitable since 2002.” Strategic Thinking The decision for Polaris to diversify its operations into motorcycle production by creating the Victory Motorcycle brand was founded in the Resource Based View (RBV) of strategic thinking. The company’s idea for diversification was sound; however‚ their understanding of the market dynamics and market geography may have been limited. In 1993‚ when Polaris’ General Manager for New Products‚ Matt Parks‚ noticed
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“Analysis - MyLibros.com” 1. Executive Summary Firstly‚ we‚ team Breakthrough will analyze MyLibros.com with theories and principle such as “Bird in the hand”‚ ”Affordable Loss”‚ “Institutional”‚ “SWOT” and “Resource Based View”. Secondly‚ we will judge whether we should invest or not. If MyLibros.com is not appropriate for invest‚ we will recommend how this firm should be with theories such as “Crazy Quilt” and “Pilot-on-the-Plane”. Lastly‚ this report is written based on the information
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there are different ways to reach milestones that can catapult any business to success. The main way in my point of view is to utilize the internal resources and capabilities effectively in right strategy as Barney and Grant explained in RBV (Barney 1991). The RBV suggests that the resources possessed by a firm are the primary determinants of its performance and these contribute to a sustainable competitive advantage (Akio 2005). In Groupon case‚ its growth depend on how understand and exploit its
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Over the past few decades Walt Disney has dominated family entertainment. However‚ development of technology has changed the situation and the industry has become competitive. Pixar is a pioneer with its proprietary computer animation technology leading the animated film industry. This means computer-generated effects (CG) have replaced hand-drawn animation‚ which is Disney’s strength. On the other hand‚ the collaboration between Disney and Pixar has rejuvenated Disney. This report will firstly explain
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organisation vs. environment debate or more specifically the debate between a ‘resourced based view’ and a ‘positioning approach’ to strategy. The debate The ‘Resource Based View’ (RBV) emerged as one of the substantial theories of organisational based strategy during the 1980’s. Barney‚ (1986); Rumelt‚ (1984). The RBV takes an ‘inside-out’ approach to strategy formulation and suggests that the internal resources possessed by a firm are the primary determinants of its performance not the external
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Harvard Case Review and Analysis 1. Jeff Immelt’s strategies for GE were solid in a theoretical sense. The company should have been delivering above-average returns and seen all the positives that he preached about it. The reason this did not happen and they faced some humiliation in 2008 until 2010 were due to GE Capital. Immelt thought that they were diversified enough to survive the economic downturn. However this proved to be wrong. In an interview for BusinessWeek magazine David Magee
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In analyzing Bp’s competitive environment‚ business strategy and identification of the various resources and capabilities‚ the following frameworks will be used; porter five force‚ strategic groups‚ porter’s generic strategies‚ Resource Based view (RBV) and value chain analysis and the strategic fit. 2.0 BRIEF OVERVIEW OF BRITISH PETROLEUM (BP) Bp is one of the world’s largest energy companies and also one of the largest vertically integrated oil and gas companies in the world which means it
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Strategic Plan Part III: Financial Planning Strategic Plan Part III: Financial Planning Financial planning according to business dictionary is the “Long-term profit planning aimed at generating greater return on assets‚ growth in market share‚ and at solving foreseeable problems” (Businessdictionary.com‚ 2015‚ p. 1). Organizations that are in the process of preparing strategies for the firm must prepare a financial plan detailing the budget necessary to achieve the strategies. In addition‚ in
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