Sony has numerous resources and capabilities ranging from tangible to intangible that give them their own unique competitive advantage as well as put them in positions that could potentially hurt their growth and strategy. Sony in the past has made bad strategic decisions in aspects of which technology they pursue. When video tapes were becoming popular Sony’s BetaMax was a failure and now today the Sony brand is leading with their involvement with the Blu-ray. The gaming industry has seen increasing
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What are the particular resources and capabilities that McDonalds has been relying upon for its recent turnaround? After longstanding growth within the fast food industry‚ McDonald’s began to experience a decline in their annual earnings in the late 90’s. Prior to the decline‚ McDonald’s was a segment leader within the fast food industry and was widely recognized for its outstanding service and quality. Once known as the benchmark company by industry insiders‚ McDonald’s began to lose sight of
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Resources and Capabilities of Catalog 1.1Company Background Catalog is a member company under the Swire Group. Established at 1816‚ Swire has now developed into a big group made up of 9 corporations. Its business ranged from property‚ aviation‚ agribusiness and food chain‚ marine service to trading and industrial‚ crossed over 5 boundaries through 15 regions. Among the companies under Swire‚ Swire Resources Limited acts as a retailer and wholesaler in the area of multi-brand sport and casual
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Competitive Strength Assessment Competitive Strength Assessment On the basis of outcome of strength and weakness analysis‚ each faculty is recommended to use the table provided below to identify Key Success Factors (KSFs)‚ assess their relative performance in relation to those of its identified rival(s)‚ determine whether they are superior to or need to be improved‚ prioritize the KSFs according to their degree of importance and weakness‚ craft out the necessary strategies and measures to improve
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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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Examine the advantages and challenges of developing a strategy for competitive advantage based on resources and capabilities. Illustrate your answer with appropriate examples. In lights of changing technical advancements‚ cut-throat competitions and unstable global economic conditions‚ managers need to consider strategies to sustain competitive advantage more frequently then ever. And no matter how organized their companies are and which industries they are working in‚ they can quickly start by
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the strength of competitive analysis‚ if not the top‚ is one of the most important critical success factors in creating and managing marketing strategies. The way a business adapts to competitive environments‚ characteristic of its focus being self-centered‚ competitor-centered‚ customer-driven or market driven (Day and Nebugandi‚ 1994)‚ will define its place in the complex marketing arena. However‚ different theories of competition seem to compete in offering better explanations for key macro
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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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