College Essays-What four criteria must capabilities satisfy for them to become core competencies
What is outsourcing? Why do firms outsource? Will outsourcing’s importance grow in the future? If so, why?
What are capabilities? How do firms create capabilities?
What is value? Why is it critical for the firm to create value? How does it do so?
Why is it important for a firm to study and understand its internal organization?
What four criteria must capabilities satisfy for them to become core competencies? Why is it important for firms to use these criteria to evaluate their capabilities’ value-creating potential?
What are the differences between tangible and intangible resources? Why is it important for decision makers to understand these differences? Are tangible resources more valuable for creating capabilities than are intangible resources, or is the reverse true? Why?
