NEW
Font size
WorksheetsStratMan Activity
Total questions: 10
Worksheet time: 10mins
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
