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Chapter 3 7 we need to appraise our resources and

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Chapter 3:7. We need to appraise our resources and capabilities against:a. Our past record; we must continually improveb. The best firms around the world, no matter in what country, market or industryc. Our competitors’ resources and capabilitiesd. The best that our competitors might attain in the future
8. The creation of organizational capabilities:
9. For a resource or capability to establish a competitive advantage two conditions must be present. Theseare:

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