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What appear to be important facts-what is firm performance

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Reference no: EM132319673

What appear to be important facts? The conceptual frameworks in the chapters will be essential in helping you identify the key facts.

Throughout the course, you will want to address central questions such as the following:

- What is the firm's performance?

- What is the firm's mission? strategy? goals?

- What are the resources involved in the firm's value chain? How do they compare to competitors on cost and differentiation?

- Does the firm have a competitive advantage?

- Are the firm's advantages and disadvantages temporary or sustainable?

- What is the value of the firm's resources?

- Are the firm's resources rare?

- Are the firm's resources costly to imitate?

- Is the firm organized sufficiently to exploit its resources?

Depending on the case, you may also want to consider other frameworks and questions, where appropriate. Each chapter provides concepts and frameworks that you may want to consider. For example:

- What are the five forces? How do they influence industry opportunities and threats? (Chapter 2)

- What are the sources of cost differences in an industry? (Chapter 4)

- What are the bases and potential bases for product differentiation in an industry? (Chapter 5)

Reference no: EM132319673

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