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Business Strategy > Internal Analysis > Flashcards

Internal Analysis Flashcards

1
Q

What are three examples of Organizational Capabilities

A

Tangible - Financial or physical (equipment)
Intangible - Patents, Reputation, Culture
Human - Skills, Communication, Motivation

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2
Q

What are the four support activities in Porter’s Value Chain

A

Firm Infrastructure

Human Resource Management

Technological Development

Procurement

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3
Q

What are the five Primary Activities in Porter’s Value Chain?

A

Inbound Logistics
Operations
Outbound Logistics
Marketing and Sales
Service

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4
Q

What are the two axes on the Framework for Appraising Resources and Capabilities?

A

Relative strength and Strategic Importance

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5
Q

What does VRIO stand for?

A

Valuable
Rare
costly to Imitate (Patents)
the firm is Organised to exploit resources

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5
Q

What does VRIO stand for?

A

Valuable
Rare
costly to Imitate (Patents)
the firm is Organised to exploit resources

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Business Strategy (12 decks)

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