What are the major components of external environment analysis? Provide examples to clarify your explanation.
What are the essential qualities of a resource or capability that leads to a sustainable competitive advantage for a firm? Please explain how each characteristic contributes to this advantage. Provide examples of specific resources or capabilities of firms for each characteristic.
Define what a company vision, mission, and objectives are. How do they differ?
Explain the concept and fundamental analytic tools of competitive dynamics. How does multi point competition fit into this model for analyzing and determining competitive strategy?
Second Page answer according to the article uploaded.
Describe the core business strategy Wal-mart employs in its business TODAY. How does this strategy fit with the original vision of the founder, Sam Walton? Why is the current strategy problematic for the company? What are the sources of competitive advantage for Wal-mart today? How have these sources shifted for the company over the last decade (think in terms of resources)? What performance measures provide the best indication of problems or challenges with the current strategy, and why? How should Wal-mart president and CEO adjust the company strategy going forward (be specific)?
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How does Wal-mart employ growth strategies as part of an overall business strategy? Are these strategies successful? What evidence do you have to support your answer? When growth strategies have failed, why did Wal-mart fail in its innovation efforts? How does human capital and intellectual capital fit into the business strategy at Wal-mart? How important are these factors to its performance? To what extent do you think growth strategy impacts overall business performance at Wal-mart? Should top management increase, decrease, or keep the current level of innovation in Wal-mart business strategy? Why?
