What are capabilities? What must firms do to create capabilities? Capability is a capacity for a set of resources to integratively perform a stretch task. It represents the identity of the firm as perceived by both its employees and customers. It is the firm’s ability to perform better than competitors using a distinctive and difficult to replicate set of business attributes. The organization’s capability is comprised of three core assets – physical capital‚ including all tangible assets; technology
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between capabilities and resources by defining capabilities as “a special type of resource‚ specifically an organizationally embedded non-transferable firm-specific resource whose purpose is to improve the productivity of the other resources possessed by the firm” [4](p389). “[R]esources are stocks of available factors that are owned or controlled by the organization‚ and capabilities are an organization’s capacity to deploy resources”:[3] p. 35. Essentially‚ it is the bundling of the resources that
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one of the most successful companies in the oil and energy industries today. But what makes them so successful? In an effort to answer this question‚ a thorough internal investigation can be helpful in determining what aspects of this company are making it an industry leader. Two aspects of this internal analysis of Exxon Mobile are the company’s resources and capabilities. Resources One of the most reputable resources that Exxon Mobil has today is a strong brand name. Exxon Mobil operates all over
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characteristics of capabilities and resources of Carrefour. 5. Briefly explain the three types of international corporate-level strategies with some relevant theories and then discuss critically about Carrefour’s adopted international corporate-level strategy. 6. Discuss the level of diversification in Carrefour with referring to financial statement analysis. 7. Discuss the Relationship between customers and each of Carrefour’s business level strategies (business formats) in terms of who‚ what and how? 8
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Google’s Antitrust Investigation Laura Rogers Google’s Antitrust Investigation Recently‚ Google‚ Inc. was under investigation for suspicion of violating U.S. Antitrust Laws. The investigation by the Federal Trade Commission (FTC) consisted of evaluating the company’s business practices related to patents on electronic devices and online search advertising (The Computer & Internet Lawyer‚ 2013). Google had acquired patents on applications from Motorola Mobility (MMI). These patents
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First step: Theory on Chandler‚ find what you do best and stick to it! Holland and Barrett Provide high quality products at value for money prices. Holland & Barrett is Europe’s leading retailer of Vitamins‚ Minerals and Herbal Supplements. Our stores are a familiar sight in almost every major city and town across the United Kingdom and Ireland‚ where we operate over 620 outlets. Holland & Barrett has the benefit of over 80 years of experience in the health supplement industry. We
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activity that is central to the company’s ability to achieve a competitive advantage. • Distinctive Competency – An internal‚ value-creating activity that is unique and allows a company to achieve a competitive advantage. • Capability – A company’s ability to put its resources and competencies to productive use. Core competencies are rarely reliant on a single department – they are more likely to owe their existence to a strong collaboration between two or more departments. Strategically relevant
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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
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the growing toy market . In this paper‚ we will examine what are Lego’s most valuable resources and capabilities at the turn of the century? Lego’s long standing history‚ stability of core values and their ability to bridge past and present offers both a psychological and professional advantage against new entrants to the toy market. Although tangible resources such as free cash flow from profits are valuable to the company‚ intangible resources such as Lego’s brand name and technology innovation are
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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
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