How can a firm fully exploit the competitive potential of its resources, capabilities, and competencies?
Discipline: Business Studies
Type of Paper: Case study
Academic Level: Undergrad. (yrs 3-4)
Paper Format: Not applicable
Pages: 1
Words: 275
Question
Description
Just answer the following questions and give an example.
How can a firm fully exploit the competitive potential of its resources, capabilities, and competencies? Elaborate on time compression diseconomies. Describe causal ambiguity and provide an example of how it can act as a barrier against imitation of a firm's valuable resources. Elaborate on the dynamic capabilities perspective of competitive advantage. Explain with the help of real-world examples.
