StratMan Activity

A concept describing the full chain of a business' activities in the creation of product or service.

• Value of Chain

• Value Chain

• Chains of Value

Actions that are directly involved in creating and distributing good and services.

• Primary Activities

• Secondary Activities

• Chain Activities

They are not direct involved in the evolution of product. But they provide important underlying support for primary activities.

• Primary Activities

• Secondary Activities

• Chain Activities

Provide exclusive rights to the creators of original artistic works such as books, movies, songs, and screenplays.

• Isolating Mechanisms

• Copyrights

• Social Complexity

Refers to creations of the mind, such as inventions, artistic products, and symbols.

• Patent

• Trademark

• Intellectual Property

Creates a barrier to imitation and can prolong a competitive advantage possessed by an organization.

• Isolating Mechanism

• Copyrights

• Intellectual Property

______ and __________ are the basic building blocks that organizations use to create strategies.

• Valuable and Rare

• Difficult to imitate and Organized

• Resources and Capabilities

This resources are held by few or no other competitors.

• Valuable

• Rare

• Strategic Resources

A framework for analyzing a resource or capability to determine its competitive strategic potential by answering four questions about its Value, Rarity, Imitability, and Organization.

• VRIO

• Value Chain

• Strategic Resources

This model examines any resources and/or capabilities of the firm that may provide a competitive advantage.

• Strategic Management

• Resource-Based Theory

• Resource-Based View