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Questions
- Discuss the positives and negatives of corporate culture in the competitiveness of a firm. Relate how firms should deal with different corporate cultures in mergers and acquisitions.
- Explain how value chain analysis can be used to make a firm more competitive.
- Identify core competencies, resources, and capabilities found in your Strategic Audit firm. Explain how they make your Strategic Audit firm more competitive.
- Discuss in detail how the VRIO Framework can be used to evaluate a business’ competencies. Explain which of the VRIO factors would allow a firm to achieve a sustainable advantage over its competitors, and why?
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