Strategic Management & Business Analysis “The Critical Assessment of the Resource-Based View of Strategic Management: The Source of Heterogeneity of the firm” Tokuda Akio Ritsumeikan International Affairs Vol.3‚ pp125-150 (2005) Paper Review Introduction: The paper in hand is discussing the resource based view (RBV) while highlighting the entrepreneurial view point as a competitive advantage. It also formulize the conceptual framework of the resource based view
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Strategy: Basic Concepts & Key Terminologies I. Strategic Inputs Chapter 1: Strategic Management Strategic competitiveness is achieved when an organization successfully conceives‚ formulates and implements a value-creating strategy. A strategy is an integrated and coordinated set of commitments and action designed to exploit core competencies and gain a competitive advantage. An organization has a competitive advantage (CA) when it implements a strategy competitors are unable
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Book 1 Assessment 1 Investigate an issue or event since 1995 that has affected tourism demand in a country or region that you have studied. Overview In this assignment I will be researching the significant impact the recession had on the travel and tourism industry between 2008 and the present day. I will be looking into how domestic‚ inbound and outbound tourism was affected. I will mainly focus on the impact the recession had on the UK‚ but will need to also discuss the contributing factors
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In this thesis we discuss 2 Spanish airports‚ Barcelona (BCN) and Madrid (MAD). Both are managed by the same airport operator; AENA. But they both have their particular characteristics‚ or‚ as already mentioned before‚ ‘every airport is unique’. The management of the Spanish airports is carried out by AENA (Aeropuertos Españoles y Navegación Aérea). Aena was till February 2015 100% owned by the Spanish government‚ as part of the Ministry of Development (Ministerio de Fomento). The main goal of Aena
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Introduction The assignment was based on a strategic marketing analysis of Easy Jet and Easy Group. It will be carried out through two exclusive parts. In the first part‚ firstly‚ we are going to give a general overview on easyJet’s assets‚ then mainly concentrate on its critical capability which formed its core competence. Essentially‚ historical comparison approach was adopted to evaluate the organization’s relative strengths and weakness. The second one is by constructing a Growth-share Matrix
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means forking out a lot of money to keep up with competition. Perhaps parent MAS has a plan to help with the purchases. Firefly will still maintain its turboprop operations at Subang. Firefly wants to work on a model like that of Southwest and Ryanair – the global airlines that have made it big in low-cost travel. This is also the same model that AirAsia used nine years ago and today AirAsia is a household name in many Asean countries. Firefly is aiming to have the lowest unit cost‚ lower than
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Classical economics predicts that rivalry between companies should drive profits to zero. This is partly down to the threat of substitutes. For instance‚ Tesco has competition from companies like Sainsbury that can provide substitutes for their goods. This drives the prices of groceries down in both companies. Buyer power also acts to force prices down. If beans are too expensive in Tesco‚ buyers will exercise their power and move to Sainsbury. Fortunately for Tesco‚ there are few other large
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SilkAir’s position in the industry. The resources and competences of the company is what make it so successful and sustainable today. SilkAir’s strategic capabilities were accessed with the Value‚ Rarity‚ Inimitability‚ and Non-substitutability (VRIN) concept. Several attributes were factored into the success of SilkAir achieving sustainable competitive advantage in the industry. In summary‚ SilkAir has been able to maintain its position by providing an extensive network of regional travel‚
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Cover-It’s future development Executive summary This case study has been performed to identify different alternatives for Cover-It and Jeremy to either sell or managing his business to develop it. From our analysis we will give Jeremy one final recommendation. Based on the situation analysis‚ we defined following main problem definition: How should Jeremy adjust to the proposed offer from Cover Concepts? Our final recommendation to Jeremy is to sell Cover-It‚ as he has poor health‚ the financial
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Introduction The purpose of this report is to understand and evaluate who benefits more from the airline industry consolidation. It will do so by examining the general environment‚ history and recent background of the airline industry and it will continue by analysing the market’s demand and supply distinguishing between leisure and business. Afterwards it will examine the market structure of the airline industry and how the past regulations and deregulations affected the industry and whether
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