test II review

test II review - When core competencies are superior to...

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When core competencies are superior to those of the competition, they are called distinctive competencies. Reverse engineering involves taking apart a competitor’s product in order to find out how it works. Explicit knowledge is knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation’s culture. Tactic knowledge is more valuable and more likely to lead to a sustainable competitive advantage than is explicit knowledge because it is much harder for competitors to imitate. An organization’s resources and capabilities can be placed on a continuum to the extent they are durable and can’t be imitated by another firm. This continuum of sustainability has at one extreme slow-cycle resources, which are sustainable because they are shielded by patents, geography, strong brand names, or tactic knowledge. The other extreme includes fast-cycle resources, which face the highest imitation pressures because they are based on a concept or technology that can be easily duplicated. The customer solutions model is a consulting model. A value chain is a linked set of value-creating activities that begin with basic raw materials coming from suppliers, moving on to a series of value-added activities involved in producing and marketing a product or service, and ending with distributors getting the final goods into the hands of the ultimate consumer. A company’s center of gravity is the part of the value chain that is most important to the company and the point where its greatest expertise and capabilities lay—its core competencies. Divisional structure is appropriate for a large corporation with many product lines in several related industries. Employees tend to be functional specialists organized according to product/market distinctions. Corporate culture has 2 distinct attributes, intensity and integration. o Cultural intensity is the degree to which members of a unit accept the morns, values and other culture content associated with the unit. This is the culture’s depth. o Cultural integration is the extent which units through out an organization share a common culture. This is the culture’s breadth. Market segmentation
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test II review - When core competencies are superior to...

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