Reference no: EM133186848

Based on what you learned in the strategic management course, to answer the following questions:

1. Undertake a VRIO analysis of the resources and capabilities of an organization with which you are familiar in order to identify which resources and capabilities meet the criteria of:

(a) value,

(b) rarity,

(c) inimitability and

(d) organizational support.

2. Identify critical success factors for an industry with which you are familiar (e.g, clothing retailers, automobile manufacturers, or mobile phone companies).

Using your own estimates, construct a strategy canvas comparing the main competitors, highlight the blue ocean strategy.

What implications does your strategy canvas have for the strategies of these competitors?