Week 3 Flashcards

1
Q

Strategic capabilities

A

the capabilities underlying key success factors

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2
Q

Distinctive capabilities

A

the capabilities providing the firm with a relative competitive advantage

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3
Q

The VRIN-0

A

a tool to analyze the strength and weaknesses of a company

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4
Q

Strategic canvas

A
  • Compare the competitors’ capacity to fulfill customers’ expectations.
  • Based on several dimensions
  • Allows to identify new strategic spaces based on arbitrage and divergence principles
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5
Q

Sources of sustainable distinctiveness

A
  • Complexity
  • Causal ambiguity
  • Culture and history
  • Change and innovation
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6
Q

The Make or Buy Choice

A
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7
Q

SWOT

A
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8
Q
A
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