Capabilities Capabilities are valuable‚ rare‚ costly to imitate and non substitutable are core competencies. Core competencies are sources of competitive advantage for the firm over its rivals. A sustained competitive advantage is achieved only when the competitors cannot duplicate the benefits of a firm’s strategy or when they lack the resources to attempt imitation. Sustainable competitive advantage results only when all four criteria are satisfied. For a capability to be a core competence
Premium Cathay Pacific Airline
18 COMPANY BACKGROUND Sony Corporation was founded in Tokyo‚ in 1945‚ by Masaru Ibuka and Akio Morita‚ as the Tokyo Telecommunications Engineering Corporation (Tokyo Tsushin Kogyo (TTK)). The company built Japan’s first tape recorder called‚ the Type G. Then in early 1950s‚ TTK convinced Bell Laboratories to license its new transistor technology and became the first company to successfully apply the technology to consumer’s radios. In August 1955‚ TTK released the Sony TR-55; Japan’s first commercially
Premium Sony Video game console Xbox 360
Prevention/Protection Mission Area Core Capabilities On Monday‚ January 17‚ 1994 at 4.31 a.m. an earthquake measuring a magnitude of 6.7 struck a densely populated area of San Fernando Valley. In spite of Los Angeles County considered as one of the greatest prepared regions for earthquakes‚ Northridge was one of the worse disasters financially. They were around 14‚000 aftershocks reported in the magnitude of 4.0-5.0 range. Because of the earthquake people displaced from their homes are estimated
Premium Earthquake Plate tectonics Hurricane Katrina
Introduction This paper is attempted to study Sony Corporation as a live brand in terms of experiential marketing concept. It contents true experience and observation of mine from an opening exhibition of Sony Corporation (see appendix 1) to be formed the primary sources of data. As an observer of the exhibition‚ I will use my own experience from it to combinative with experiential marketing concept theories to indicate the factors within Sony’s experiential marketing performance. This report will
Premium Marketing
Reinventing Ericsson Ericsson had almost gone bankrupt when the dot-com bubble burst and the telecom market collapsed in late 2000. When Svanberg (first externally recruited CEO in 60 years) took over in April 2003‚ he launched yet another cost cutting package (after CEO Kurt Hellström in early 2003)‚ the fourth in two years. Svanberg wanted to do more than just restore the company to break-even‚ he wanted the latest round of cuts (coupled with revenue increases) to return Ericsson to profit. Svanberg
Premium Mobile phone GSM Operating expense
keep moving on to make the world different. When Steve Jobs passed away‚ not only fans of Apple products but also those who appreciate his great contribution to electrical industry feel sad about the loss of a great man. 2. What were Apple’s competencies in the music and telephone business? Are they a source of competitive advantage? Why or why not? Apple’s
Premium Steve Jobs Apple Inc. Macintosh
hand‚ the team could be called heterogeneous in terms of that its team members have diverse work experience (IT‚ academic consulting‚ engineering)‚ thus enabling a wider range of capabilities and external perspectives of getting contacts. Our team has conducted the Belbin test in order to identify team member capabilities and leadership roles. It was founded that each team member obtained his own leadership role as follows: According to Belbin Test‚ by understanding the roles in founding a team
Premium Belbin Team Inventory Conflict resolution
Challenges faced in Human Resource Management in the Workplace Romonia Fullenwilder HRM5004 Human Resource Management Email:Rfullenwilder@yahoo.com Instructor: Dr. Jean Gordon Abstract Today the Human Resources Management (HRM) professional role is integral with the strategic growth of an organization by managing its Human Capital. Human Capital is defined
Premium Human resource management Management Human resources
Circuit City developed world-class capabilities in logistics that enabled it to track trends and have inventory in its geographically dispersed stores. Additionally‚ Circuit City developed a core of motivated and knowledgeable sales staff. Circuit City employed a big-box strategy with stores that had a large footprint that stocked a variety of products (selection) and service that relied on economies of scale to achieve high sales volumes. High sales volume enabled competitive pricing‚ but it also
Premium Best Buy Marketing Management
CASE STUDY#1 REINVENTING ERICSSON I. Background Ericsson a Swedish telecommunication company told us on how the it’s survived in order to maintain sustainability the company to compete with other companies and also how to develop the technology to support company growing up. Company still saw telecommunications as a long-term market business with reason most of the people around the world think that communications is not just important but a necessity. As a long-term business Ericsson
Premium Operating expense Expense Capital expenditure