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MBA: Strategic Management Resources Identify 4 to 8 important resources that provide:Sustained competitive advantage (extremely unlikely)Temporary competitive advantageCompetitive disadvantage we dont have and need to developValuable: Do they satisfy some customer's needs? Can they respond to and exploit opportunities present in the firms environment?Rare: Are they possessed or controlled by none or few competitors?Inimitable: Can your competitors readily acquire them? Do strategically equivalent substitutes exist? Do firms without a resource face a cost disadvantage in obtaining or developing them?Operational: VRIN:Comments for WorksheetsThe porters Five Forces analysis of the company shows that there is a barrier to entry and exit. Also, buyers have a strong force in the company. They...
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