1. A group of leaders in a company are theorizing about what is next for the company. How can they build sustainable competitive advantage in the future? After a long discussion, they decide what they really need to do is identify the factors of production that are rare, unique, and can't be copied or imitated and leverage those resources in markets. Which theory are they likely employing? a.Five Forces b.Blue Ocean c.Resource-based view of the firm d.Strategic Actions Over Time (Miles and Snow)
2. A group of leaders in a company are theorizing about what is next for the company. How can they build sustainable competitive advantage in the future? After a long discussion, they decide what they really need to do is stick within their industry and find a position in that industry that is less vulnerable to attack. Which theory are they likely employing? a. Strategic Actions Over Time (Miles and Snow) b. Resource-based view of the firm c.Five Forces d.Blue Ocean