Question: 6. A. Porter's SOAR Framework for Competitor Analysis identifies 4 indicators of a rival's likely strategic moves: resources and capabilities, assumptions objectives, and current strategy.
6. A. Porter's SOAR Framework for Competitor Analysis identifies 4 indicators of a rival's likely strategic moves: resources and capabilities, assumptions objectives, and current strategy. Describe the SOAR Framework and how companies use it to help them formulate strategy. ( 8 pts) B. True or False: Porter's SOAR Framework differs from Porter's 5 Forces Model of Industry Competition. Explain your answer. (2 pts) 7. A. What is a strategic group? How does strategic group analysis help a company craft its strategy? Explain why some strategic groups are more profitable than others in the same industry. (8pts) B. True or False: Driving forces affeck all strategic groups within an industry equally. Explain. (2 pts) 8. A. Describe the VRIN tests identified in the text for sustainable competitive advantage. Identify its 4 components. What is meant by "capabilities" and "dynamic capabilities". (8 pts) B. True'or False: The VRIN framework helps a company to formulate its strategy. Explain. (2 pts) 9. A. The text identifies 3 components of a company's value chain: supplier related, company's own value chain, and forward end. Describe each of these. Your company makes Wonder Bread. It is at a cost disadvantage compared to iss competitors. Identify 2 actions your company can take to lower its costs in each of the 3 parts of the value chain. ( 8 pts) B. True or False: The weighted Competitive Strength Assessment is better for strategy formulation than the unweighted assessment. Explain. (2 pts)
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