BU111 Study Guide - Capital Intensity, Economic Stability, Ikea

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12 Feb 2014
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BU111 Full Course Notes
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BU111 Full Course Notes
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Document Summary

Good employee, better quality/service, creative and meeting customer need better can all be a competitive advantage. Adding value to your product attracts costumer, so they do not go to competitor, and achieve finical performance. Help identifies the most important variables and the relationships between those variables. A manager would use this when designing a new strategy or on an ongoing basis they use this to revise their existing strategy. By achieving the d-framework provide a link from external environment, pull into strategy and cooperate the entire internal environment. Double arrow means they can affect each other. Human resource component (what kind of people do you and what kind of skills they have): 2. Financial resources (13456): leaders can effect resource (e. g. leader"s strength can be a resource of the company, what we have determines the culture of the organization and the capability of the company.