Reference no: EM132962402 , Length: word count:2000
Questions:
1. Identify H&M's distinctive resources & capabilities and analyse them using the VRIO framework to determine the organisation's competitive advantage.
2. Critically evaluate the VRIO framework and discuss which other model or framework could be associated to VRIO to overcome its limitations.
Presentation
The assessment in Part A is a case analysis and you should note that case analysis is not a conceptual explanation or discussion but the application of concepts and frameworks to interpret the case information, analyse key events and statements, and reach evaluative judgements. The concepts and frameworks are covered in the lectures, tutorials and prescribed reading and the guidance below gives you a few pointers on how you need to use this knowledge to answer the questions. In developing your analysis and arguments, you should use
supporting evidence from the information contained in the case studies.
Your answers must take into account the three sources listed above. The case study is the primary source of information. The corporate website should be used to obtain updated information as the case dates from 2015. The annual report gives you an overview of the efforts undertaken by the organization during its last financial exercise. The core textbook should be used as well to retrieve information on the VRIO
framework.
Case Study Background & Questions
Read carefully the case evidence on H&M which is contained in the following four sources:
1. Case Study: "H&M in fast fashion: continued success?" pp.576-583Exploring Strategy: Text and cases 11thEdition Johnson et al. (2017) 11th edition
2. Corporate Website
3. 2019 Annual Report
The case study gives you background information and overview of the company as well the opportunities and challenges it has faced in recent years. The corporate website has information on the company history as well as some key facts and figures. The 2019 annual report provides financial information about the organization and its current strategic direction. The case study has been published in 2015 and you should be using the corporate website and annual report to access updated information. You should be using these sources in combination to answer part A of this assignment.
Your answers must take into account the three sources listed above. The case study is the primary source of information. The corporate website should be used to obtain updated information as the case dates from 2015. The annual report gives you an overview of the efforts undertaken by the organization during its last financial exercise. The core textbook should be used as well to retrieve information on the VRIO
framework. You are welcome to use peripheral sources to these recommended sources but the majority of the analysis should be based on the recommended sources.
In terms of presentation, introduce each question indicating how you will structure your answer and conclude each answer with reference to your preceding arguments and the task required by the question. You may wish to divide your answer into sections which reflect the major elements of your analysis.
The combined word count of your answers to both questions must be 2000 words and comply with the guidance provided.