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What is value chain analysis

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Please provide an explanation to these questions with reference

What four criteria must capabilities satisfy for them to become core competencies? Why is it important for firms to use these criteria to evaluate their capabilities' value-creating potential?

What is value chain analysis? What does the firm gain by successfully using this tool?

How do firms identify internal strengths and weaknesses? Why is it vital that managers have a clear understanding of their firm's strengths and weaknesses?

Reference no: EM131454514

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