Summarize the concept of the balanced scorecard. What are its main advantages?
Answer to relevant QuestionsWhat are the important relationships among Dell’s value-chain activities? What are the important interdependencies? For each activity, identify the relationships and interdependencies. Using the Internet, look up your university or college. What are some of its key value-creating activities that provide competitive advantages? Why? Discuss the key role of technology in leveraging knowledge and human capital. Explain why the concept of competitive advantage is central to the study of strategic management. Choose a firm with which you are familiar in your local business community. Is the firm successful in following one (or more) generic strategies? Why or why not? What do you think are some of the challenges it faces in ...
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