Pose a question based on the literature. Provide background leading up the question
PART 1
Write a 250- to 300-word response to the following:
Pose a question based on the literature. Provide background leading up the question, use supporting references, and answer your own question.
Literature is on Internal Assessments
Include your own relevant experience as well as 2 citations
PART 2
Reply in 150 words
The text talks about Resource-based view (RBV). RBV contends that internal resources affect a business more that external (David, David, & David, 2019). However, I believe that it depends on the industry. I also believe that this theory was tested drastically in the past 2 years. Covid-19 has wreaked havoc on all industries in the world. This virus has been a worldwide economic disaster. This has been dubbed Coronanomics (Barua, 2021). My research into this has given me an interesting take on world economics after Coronavirus. Franck, Nuesch, & Peiper (2011) note that human capital is one of the values looked at in RBV. However, how can human capital mean anything in Coronanomics? RBV also looks at other internal resources, so looking at other internal resources we can see other tangible resources like land, equipment, and plant. These things are valuable in economic terms only because people need them to work from or with. In the days of Coronanomics, is RBV really the best way to measure a company’s competitive advantage? My research is continuing as this is an extremely interesting subject.
PART 3
Write a 250- to 300-word response to the following:
Begin an Internal Factor Evaluation (IFE) matrix for the case you chose in Week 1. Post your results here. How are the internal factors in your organization different from the sample matrix in Table 4-11 on p. 279 in the textbook?
SEE ATTACHED FILE
Include 2 citations that support your perspective or provide an alternate perspective
PART 4
REPLY IN 150 WORDS
A business’s internal environment is evaluated by analyzing the internal factors, the strengths and weaknesses, against its competitors (David, David & David, 2020). Macy’s Corporation’s 202 annual report, found at AnnualReports.com, can tell a researcher a great deal about the company. As required by the Securities and Exchange Commission (SEC), the report compares the 2020 data to the data from at least the two prior years. The sample IFE matrix in the text was similar but had differences from the data in the Macy’s 2020 annual report, because the industries of the example and Macy’s are totally different. Key internal factors were different due to the difference in industry. However, there were some similarities also. Macy’s Key internal factors include their organizational structure, sustainability, current strategies, suppliers, private label brands, finance, and segment data (David, David, & David, 2020). One of the weaknesses that is noted extensively in the annual report is the Coronavirus epidemic and the shutdowns that have impacted all industries (AnnualReports.com, 2021). This weakness is going to be exhibited in all annual reports this year and probably for several years to come. This epidemic has caused many companies in the world to analyze their current human capitol and other internal strengths and weaknesses (Barua, 2021). This will likely be the case for several years to come. I know my own company, which is small and has only myself as the employee, has been required to change procedures.
Requirements: 80
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Part 3 when referring to week 1. In week 1 i did a Swot anaylsis of SONY
Answer preview to pose a question based on the literature. Provide background leading up the question
APA
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