Strategic management input-output model


Question 1: Compare and contrast the I/O Model of Above-Average Returns with the Resource-Based Model of Above-Average Returns.

Question 2: If you were the manager implementing these models how could you use them in the firm's best interests? Could managers use them "against the firm's best interests". If you saw these models being implemented in an unethical way, what would you do?

Question 3: Finally, explain how these models affect the strategic management process.

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