Key terms for strategy

Key terms for strategy - resources and organizational...

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Key terms for strategy Value chain activities: inbound logistics, operations, and services as well as support activities such as procurement and human resource management. The next step is to analyze how each activity adds value as well as how interrelationships among value activities in the firm and between the firm and its customers and suppliers add value. Resource based view considers the firm as a bundle of resources tangible, intangible
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Unformatted text preview: resources, and organizational capabilities. For advantages to be sustainable four criteria must be met: value, rarity, inimitability, and exploitability. Human capital crucial to create value. Synergy creating a diversification of capital. Failed to incorporate with newly acquired business, undertaking diversification initiatives Memorixe exhibit 9-5...
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This note was uploaded on 11/22/2010 for the course BUSI 45612 taught by Professor Fag during the Spring '10 term at DeVry Chicago O'Hare.

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