Definition of disruptive innovation

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Reference no: EM132308291

Subject: Global Strategic Management

1. The field of strategy needs to increasingly consider the effects of technological advancements in order to assess the competitive advantage of organizations.

Provide a definition of “Disruptive Innovation” and a graphical representation.

Describe the process of disruption and then explain how companies can try to respond.

2. Some firms perform better than others due to different resources and capabilities. The VRIO framework is the leading model for assessing internal resources and capabilities of organizations.

Describe in detail the VRIO framework, and provide a graphical illustration of the model as reviewed in class. Explain under which conditions a resource allows a firm to move from a condition of “Competitive Disadvantage” to a condition of “Sustainable Competitive Advantage”.

Now illustrate the VRIO framework in practice, by using material from the Walmart case, which was covered during the course.

Reference no: EM132308291

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