5 Questions
What are the four criteria used to analyze how resources and capabilities provide sustainable competitive advantage?
Value, Rarity, Inimitability, Organisational support (VRIO)
What are some methods to diagnose resources and capabilities?
Benchmarking, VRIO analysis, value chain analysis, activity systems mapping, SWOT analysis
What is resource-based strategy?
Resource-based strategy explains the competitive advantage and superior performance of an organization based on the distinctiveness of its capabilities.
What are some of the strong capabilities of CSL?
Strong R&D, innovation, and trying new drugs
What does the 'capabilities view' explain?
The 'capabilities view' explains the competitive advantage and superior performance of an organization based on the distinctiveness of its capabilities.
Test your knowledge of strategic capability with this quiz. Learn about identifying organisational resources and capabilities that support strategy, analysing how they contribute to sustainable competitive advantage, and diagnosing resources and capabilities through benchmarking and value chain analysis.
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