Strategic management Academic Essay – Write My School Essay

Strategic management

Ch. 3 — Organizational Resources and Competitive Advantage

1.     Explain the five organizational resources and the steps (sequence) required for those resources to

become sustainable competitive advantage for a company.

2.     Define (i) Profitability ratio, (ii) Liquidity ratio, (iii) Leverage ratio, and (iv) Activity ratio.

give one example of each of the above four types of financial ratios.

3. Describe what is Value Chain Analysis, and the five components of the basic value
activities, along with the seven activities that support the five basic values chain activities. Also,

explain how these activities can help a firm develop competitive advantage.

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