test1 - 1. value 2. rareness 3. imperfectly imitability 4....

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SWOT: Strengths Weaknesses Opportunities Threats 5 Forces: Bargaining Power of Suppliers Bargaining Power of Buyers Threat of New Entrants Threat of Substitute Products/Services Rivalry Among Existing Competitors Barriers to Entry: 1. an absolute cost advantage by an established firm 2. a significant degree of production differentiation 3. economies of scale Four Types of Players: 1. Customers
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2. Suppliers 3. Competitors 4. Complimentors Cultural Relativism - when in Rome do as the Romans Ethical Imperialism – absolutionism; there is a single list of truths expressed with only one set of concepts. Moral intensity is a multidimensional construct determined by: 1. Magnitude of consequences 2. social consensus 3. probability of effect 4. temporal immediacy 5. proximity 6. concentration of effect Indicators of the potential of firm resources to generate sustained competitive advantage:
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Unformatted text preview: 1. value 2. rareness 3. imperfectly imitability 4. substitutability A firms resources include:- assets- capabilities- organizational processes- firm attributes- information- knowledge Physical Capital Resources:-graphic location-access to raw materials Human Capital Resources:-training-experience-judgement-intelligence-relationships-insight of individual managers and workers Organizational Capital:-formal reporting structure-formal and informal planning, controlling, and coordinating systems-informal relations among groups Schumpeterian Shocks structural revolutions in an industry First Mover Advantages first firm in an industry can obtain a sustained competitive advantage....
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This note was uploaded on 04/21/2008 for the course MGT 1 taught by Professor 1 during the Spring '08 term at Villanova.

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test1 - 1. value 2. rareness 3. imperfectly imitability 4....

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