Questions from Strategic Management

Q: What four criteria must capabilities satisfy for them to become core competencies

What four criteria must capabilities satisfy for them to become core competencies? Why is it important for firms to use these criteria to evaluate their capabilities’ value-creating potential?

Q: What is value chain analysis? What does the firm gain by

What is value chain analysis? What does the firm gain by successfully using this tool?

Q: What is outsourcing? Why do firms outsource? Will outsourcing’s importance

What is outsourcing? Why do firms outsource? Will outsourcing’s importance grow in the future? If so, why?

Q: How do firms identify internal strengths and weaknesses? Why is it

How do firms identify internal strengths and weaknesses? Why is it vital that managers have a clear understanding of their firm’s strengths and weaknesses?

Q: Is it possible that some of the firms mentioned in this Mini

Is it possible that some of the firms mentioned in this Mini-Case (e.g., Renault, Nissan, Mazda, Peugot-Citroen, Opel-Vauxhall) might form a network cooperative strategy? If so, what conditions might...

Q: What are core rigidities? What does it mean to say that

What are core rigidities? What does it mean to say that each core competence could become a core rigidity?

Q: Why was this strategy a disaster for JC Penney?

Why was this strategy a disaster for JC Penney?

Q: What strategy was the new CEO at JC Penney seeking to implement

What strategy was the new CEO at JC Penney seeking to implement given the generic strategies found in Chapter 4?

Q: What was the result of change in strategy implemented?

What was the result of change in strategy implemented?

Q: What competitive dynamics can be expected among firms competing in slow-

What competitive dynamics can be expected among firms competing in slow-cycle markets? In fast-cycle markets? In standard-cycle markets?