What are the 4 attributes for having sustainable competitive advantage?
- ___________ in formulating and implementing strategies to improve efficiency or
effectiveness
- ________ or uncommon; difficult to exploit
- difficult to __________ or copy due to physical uniqueness, path dependency, causal
ambiguity, or social complexity
- difficult to __________, or non substitutable with strategically equivalent resources or
capabilities
,Give this one a try later!
- valuable
- rare
- imitate
- substitute
If a resource or capability is....
- valuable
- rare
- difficult to imitate
- has no substitutes
this causes a _______ ________ __________
Give this one a try later!
- sustainable competitive advantage
___________ _______ are intangible resources involving trust, experience, and capabilities of
employees; managerial skills, and firm specific practices and procedures
Give this one a try later!
- human resources
___________: how will you achieve your goals and vision? describes what the organization
actually does
,Give this one a try later!
- mission
These are examples of __________ _________ value-chain activities
- partnering with vendors
- purchasing goods
- managing and distributing inventory
- operating stores
- marketing and selling
Give this one a try later!
- retail primary
_________ responsibilities: corporate citizenship
Give this one a try later!
- philanthropic
___________: the ethical standards and norms that govern individual's behaviors within the
firm - it affects the culture within the company
Give this one a try later!
, - value
_____________ framework is a successful strategy that details a set of actions that managers
take to gain and sustain a competitive advantage
Give this one a try later!
- AFI
___________: innovation and state of knowledge in industrial arts, engineering, science
and their actions with society
Give this one a try later!
- technology
________ _______ includes...
material handling
warehousing
inventory control
vehicle scheduling
returns to the supplier
Give this one a try later!
- ___________ in formulating and implementing strategies to improve efficiency or
effectiveness
- ________ or uncommon; difficult to exploit
- difficult to __________ or copy due to physical uniqueness, path dependency, causal
ambiguity, or social complexity
- difficult to __________, or non substitutable with strategically equivalent resources or
capabilities
,Give this one a try later!
- valuable
- rare
- imitate
- substitute
If a resource or capability is....
- valuable
- rare
- difficult to imitate
- has no substitutes
this causes a _______ ________ __________
Give this one a try later!
- sustainable competitive advantage
___________ _______ are intangible resources involving trust, experience, and capabilities of
employees; managerial skills, and firm specific practices and procedures
Give this one a try later!
- human resources
___________: how will you achieve your goals and vision? describes what the organization
actually does
,Give this one a try later!
- mission
These are examples of __________ _________ value-chain activities
- partnering with vendors
- purchasing goods
- managing and distributing inventory
- operating stores
- marketing and selling
Give this one a try later!
- retail primary
_________ responsibilities: corporate citizenship
Give this one a try later!
- philanthropic
___________: the ethical standards and norms that govern individual's behaviors within the
firm - it affects the culture within the company
Give this one a try later!
, - value
_____________ framework is a successful strategy that details a set of actions that managers
take to gain and sustain a competitive advantage
Give this one a try later!
- AFI
___________: innovation and state of knowledge in industrial arts, engineering, science
and their actions with society
Give this one a try later!
- technology
________ _______ includes...
material handling
warehousing
inventory control
vehicle scheduling
returns to the supplier
Give this one a try later!
