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Chapter 8 presents an example of Hamal & Prahalad’s core competency agenda (p207) to identify appropriate opportunities and to justify those opportunities for a firm. The authors of the Glo-bus simulation realize that the industry they have created a simulation tool that is based on the digital camera- an industry that given the rapid growth in cell phone cameras and tablet-based video conference tools that if they don’t seek out new opportunities for change they may be overcome by other, more recent, simulation–based markets.
In your analysis/model, address each of the four quadrants by answering the questions for the Glo-bus simulation. Be sure to justify your answers based on the text terminology and your understanding of the simulation environment.
Further, considering your answers above, make three recommendations for me to pass on to the simulation authors that would improve the learning outcomes and professional As you consider your experience with the simulation in the class and the Hamal & Prahalad’s model.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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