A.Financial capital-(eg the organisation`s ability to generate funds, internally or through loans and investments). B.Physical capital-(eg operational and manufacturing plant equipment, location and access to raw materials). C.Human capital-(eg knowledge, management, and employee insight intellect, relationships, training, experience and judgment.) D. Organisational capital-(eg reporting structure and management, including planning, coordinating, controlling and networks). E.Technological capital-(eg ICT SYSTEMS). TANGIBLE RESOURCES Are an organisation`s physical resources that include physical infrastructure, land, plant, vehicles, manufacturing equipment, computer hardware physical inventory and money. INTANGIBLE RESOURCES Are strategic firm resources that enable an organisation to create sustainable value, but are not large number of firms. 3Types of intangible resources 1.Human resources 2.Innovation resources 3.Reputational resources CAPABILITIES to an organisation`s resource coordinating skills and productive use. Company`s capabilities are the product bof its organisational structure, processes, control systems and hiring systems. Capabilities are intangible and do not reside in individuals but in the way individuals interact, cooperate and make decisions in the organisation. Capabilities are the capacity of an organisation to deploy resources for a unique end result,In other words capabilies are what the organisation can do exceptionally well. CORE COMPETENCIES Are those capabilities or competencies that distinguish an organisation from others in an industry and form the basis of its competitive advantage strategy and performance. An important characteristic of core competencies is that the are difficult to imitate- hence their importance as a basis for sustainable competitive advantage. 2.EXPLAIN THE ROLE OF THE RESOURCE-BASED VIEW IN THE INTERNAL ANALYSIS
A.Financial capital-(eg the organisation`s ability to generate funds, internally or through loans and investments). B.Physical capital-(eg operational and manufacturing plant equipment, location and access to raw materials). C.Human capital-(eg knowledge, management, and employee insight intellect, relationships, training, experience and judgment.) D. Organisational capital-(eg reporting structure and management, including planning, coordinating, controlling and networks). E.Technological capital-(eg ICT SYSTEMS). TANGIBLE RESOURCES Are an organisation`s physical resources that include physical infrastructure, land, plant, vehicles, manufacturing equipment, computer hardware physical inventory and money. INTANGIBLE RESOURCES Are strategic firm resources that enable an organisation to create sustainable value, but are not large number of firms. 3Types of intangible resources 1.Human resources 2.Innovation resources 3.Reputational resources CAPABILITIES to an organisation`s resource coordinating skills and productive use. Company`s capabilities are the product bof its organisational structure, processes, control systems and hiring systems. Capabilities are intangible and do not reside in individuals but in the way individuals interact, cooperate and make decisions in the organisation. Capabilities are the capacity of an organisation to deploy resources for a unique end result,In other words capabilies are what the organisation can do exceptionally well. CORE COMPETENCIES Are those capabilities or competencies that distinguish an organisation from others in an industry and form the basis of its competitive advantage strategy and performance. An important characteristic of core competencies is that the are difficult to imitate- hence their importance as a basis for sustainable competitive advantage. 2.EXPLAIN THE ROLE OF THE RESOURCE-BASED VIEW IN THE INTERNAL ANALYSIS
MNG3701-exam_prep.docx