Question: Internal Analysis: Resources, Capabilities, and Core Competencies - What resources (e.g., financial, physical, technological, human and reputational resources) does the organization own? Among these resources,
Internal Analysis: Resources, Capabilities, and Core Competencies
- What resources (e.g., financial, physical, technological, human and reputational resources) does the organization own? Among these resources, how many of them are valuable, unique and difficult to imitate by competitors? Do you think the organizationhas a sufficient and strong resource base relative to its competitors? What resources need
to be acquired or upgraded to ensure the organization's competitive advantage? - What are the organization's capabilities(e.g., marketing skills, supply chain management,
R&D, manufacturing capabilities)? Among these organizational capabilities, how many of them can be considered core competencies; namely, they are unique, valuable, and difficult to imitate by competitors? Do you think the organization has sufficient core competencies to ensure its competitive advantage?
References to use:
https://www.companieshistory.com/best-buy/
https://investors.bestbuy.com/investor-relations/news-and-events/financial-releases/news-details/2021/Best-Buy-Reports-Better-Than-Expected-Third-Quarter-Results/default.aspx#:~:text=Revenue%20of%20%2451.8%20billion%20to,last%20year%2C%20which%20remains%20unchanged
Any other outside sources may be used as well to help answer
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