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Questions 1 and 2 please discuss in 250 words Book used: Hitt, H. A., Hoskisson, R. E., & Ireland, R. D. (2017). Strategic management: Concepts and cases: competitiveness and globalization (12th ed.). Boston, MA: Cengage. ISBN: 9781305502147

Date Posted: 05/11/2019
Category: Health Care
Due Date: 06/11/2019
Instruction
1. In 250 words, please discuss the following: Over time rivals use their resources, capabilities, and core resources to form different value-creating propositions. Discuss why competitive advantages are not permanently sustainable. Explain why firms must maximize their current competitive advantage while simultaneously using their resources and capabilities to form new advantages. Include in your respond how Luke 14:28-30 guides us to maximize a competitive advantage by being a follower of Christ. 2. In 250 words, please discuss the following: Value chain analyses is used to identify and evaluate the competitive potential of a firm’s resources. Firms consider outsourcing when they cannot create value in a value chain activity or a support function. Discuss value chain analysis activity and the considerations for outsourcing. Book used: Hitt, H. A., Hoskisson, R. E., & Ireland, R. D. (2017). Strategic management: Concepts and cases: competitiveness and globalization (12th ed.). Boston, MA: Cengage. ISBN: 9781305502147
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