Question: Differentiate between resources, capabilities, core competencies, competitive advantages, and core rigidities. Discuss the VRCN Framework for evaluating capabilities in becoming core competencies? How can value

Differentiate between resources, capabilities, core competencies, competitive advantages, and core rigidities. Discuss the VRCN Framework for evaluating capabilities in becoming core competencies? How can value chain analysis be used in this context to evaluate and discuss competitive advantages of firms?

Within the industry analysis framework, discuss Porters five forces to evaluate competitive landscapes and strategies of firms. What are the main contributions of the Porters five forces model? Can there be an additional sixth force that can be effective for evaluating sustainable competitive advantages? Why or why not?

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