The firm can identify its true core competencies

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Reference no: EM132172763

Provide an original response to two of the following questions. Then, respond to at least two of your classmates' posts. Posts should consist of short paragraphs (3-4 complete sentences minimum). Aim to create or continue conversation. Posts that are simply basic approvals or agreements of another person's post will not receive credit. Professional writing, full sentences, and proper grammar, punctuation, capitalization, etc. are required in order to receive full credit.

1. What is the difference between a strength, a competitive advantage, and a sustainable competitive advantage?

2. What makes an ability (or set of abilities) a core competency?

3. Why is it necessary to perform an external and internal analysis before the firm can identify its true core competencies?

4. Pick a company you are familiar with. Can you identify some of its core competencies?

5. How is the idea of “strategic intent” different from models of strategy that emphasize achieving a fit between the firm’s strategies and its current strengths, weaknesses, opportunities and threats (SWOT)?

6. Can a strategic intent be too ambitious?

Reference no: EM132172763

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