Our Services

Get 15% Discount on your First Order

FIN 4720- Global Strategy

January 26, 2024

GLOBAL STRATEGY AND POLICY – MAN 4720: SCHWARTZ

Course DOCUMENT NUMBER 7

VRIO EXERCISE: USING RESOURCES TO SUSTAIN AN ADVANTAGE

Based on three case studies taken from Mintzberg and Quinn (1991)

This the second of four self -test exercises, each worth 1.5 points, awarded after copies of the completed exercises have all been submitted. They are designed for you to test you own general business knowledge and, perhaps pay greater attention business news in the future. See the syllabus schedule for due dates. You will receive an answer sheet with your grade.

Family name		Z number (last 4)
First name		Submitted	MM/DD/YY

Ernest & Julio Gallo	The New York Times	Sony Corporation
Product or service: price and marketing strategy
Early market strategies featured a cost leadership strategy and strict control of distribution channels.	Unlike most newspaper, the number of news page is not linked to a ratio based on advertising space sold.	Began as a producer of cheap low-end electronics such as the “Walkman” and was not selective in product mix
Market conditions dictate refocusing for bottom line oriented strategies
Responding to increasingly sophisticated consumers, adopted a differentiation strategy focused on higher priced quality product.	After a short period of other media acquisitions it began divesting many of them to refocus on core business and electronic delivery of news.	Shifted its core competency toward research and development. A differentiation strategy was implemented by focusing on high end quality products.
Image impacts financial health
Image changed from cheap low quality to higher quality but still reasonably priced product.	Maintains its 150 year old image as America’s benchmark news source. Is true to its mission of “all the news that’s fit to print”.	Sony was instrumental in changing Japan’s image from imitator to innovator. Strategy presently seems more focused on implementation than on formulation
Corporate structure
Corporate structure is likely product divisional but the business remains under family control.	The company has moved away from becoming a conglomerate and is either divisional or SBU	Sony is ambivalent as to whether or not it is or will become a conglomerate and remains a strategic business unit structure

Rate each of the above five vertical axis elements as high, medium or low. The more closely each fits the Wheelen and Hunger definitions, P 130/131, the higher the value. State your reasons in a few words.

Five criteria	Ernest & Julio Gallo	The New York Times	Sony Corporation
	Rating	Main Reason	Rating	Main Reason	Rating	Main Reason
Durability
Imitability
Transparency
Transferability
Replicability
Other comments

CD07 Mintzberg & Quinn VRIO self test exercise

image1.png

>Business & Finance homework help, fin, GLOBAL, strategy

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

revise the assignment by the feedback was given by professor, and use yellow to highlight things you revised. Add more ference for each section of the

revise the assignment by the feedback was given by professor, and use yellow to highlight things you revised. Add more ference for each section of the assignment.

need done by tommorow Final Paper Preparation Worksheet This template will help you prepare for your final paper by organizing the information for

need done by tommorow Final Paper Preparation Worksheet This template will help you prepare for your final paper by organizing the information for your final paper, walking you through the process of defining your topic, researching, and analyzing primary and secondary sources, creating an annotated bibliography, and crafting a thesis.

Business & the United Nations Sustainable Development Goals (UNSDGs) CORP3543 Contemporary Business Issues 1 Key questions What are the

Business & the United Nations Sustainable Development Goals (UNSDGs) CORP3543 Contemporary Business Issues 1 Key questions What are the Sustainable Development Goals? Why are they important? What is the role for business in achieving the SDGs? What are the current practices adopted by businesses? What next for SDGs & business?

The Presentation should cover the final Phase V “Scaling-It” of The Innovator’s Method. Here are the required elements in the Presentation: Required

The Presentation should cover the final Phase V “Scaling-It” of The Innovator’s Method. Here are the required elements in the Presentation: Required Topics To Cover in the Presentation: (1) Scaling the market and process (2) Implementing the V2MOM Vision-Values-Methods-Obstacles-Measures Scaling Tool (3) Developing a WPS Whole Product Solution (4) Braving

Hi all, I need some help with attached file for a discussion post. Please see attached for more details. Thanks so much!

Hi all, I need some help with the attached discussion prompt. Details inside. Thanks so much for your help! Prompt– To live within multiplicity, the

Hi all, I need some help with the attached discussion prompt. Details inside. Thanks so much for your help! Prompt– To live within multiplicity, the concept of right and wrong is far too simplistic especially when it comes to leadership and ethics. To truly empower people, especially yourself, multiplicity opens

Purpose This problem set gives students the opportunity to practice steps in the analytical lifecycle to help determine if a company should be

Purpose This problem set gives students the opportunity to practice steps in the analytical lifecycle to help determine if a company should be acquired. Students will practice theses skills using SAS Visual Analytics. SAS Software This problem set uses SAS Visual Analytics in SAS Viya for Learners 3.5. Complete

just make graphs using this file ILLEGAL IMMIGRANTS UNDER 18 Project Management Plan of Non-profit Organization Authors: Fedor Artamonov,

just make graphs using this file ILLEGAL IMMIGRANTS UNDER 18 Project Management Plan of Non-profit Organization Authors: Fedor Artamonov, Angelina Kharts, Sofiya Pravdina, Roman Maximov, Nurbatyr Kenzhekhan Annotation: Illegal immigrants under 18, who are crossing the line between Mexico and USA, is a major problem, leading to the economic, social

BCOBM124 RESPONSIBLE MANAGEMENT FINAL EXAM with Rubrics There are two tasks for the course grade. Task 1 (MIDTERM EXAM) 40%: A

BCOBM124 RESPONSIBLE MANAGEMENT FINAL EXAM with Rubrics There are two tasks for the course grade. Task 1 (MIDTERM EXAM) 40%: A group report of three students and a Team Presentation Task 2 (FINAL EXAM) 60%: An Individual Written Informational Research Assignment · This task is to be completed individually. ·

2 Information Systems Management ITC 3303 Unit III PowerPoint Presentation From Instructor Your presentation for Unit III is a case study on eHermes

2 Information Systems Management ITC 3303 Unit III PowerPoint Presentation From Instructor Your presentation for Unit III is a case study on eHermes, which requires you to incorporate information on IoT and the specific needs of eHermes. In order to ensure that your presentation is well-organized, it should include an

2 Business Law BUS 3301 Unit III Q11 The Commerce Clause refers to Article 1, Section 8, Clause 3 of the U.S. Constitution. It authorizes Congress

2 Business Law BUS 3301 Unit III Q11 The Commerce Clause refers to Article 1, Section 8, Clause 3 of the U.S. Constitution. It authorizes Congress “to regulate commerce with foreign nations, and among the several states, and with the Indian tribes.” This is the fundamental source of authority for the federal regulation

Context of data This dataset compiles crime records from 51 states, featuring a condensed set of fields that center around key attributes like the

Context of data This dataset compiles crime records from 51 states, featuring a condensed set of fields that center around key attributes like the unemployment rate, single parent rate, college-educated people rate, and more. Your role as a data analyst is to compute the crime rate for each state by

2 Business Law BUS 3301 Unit III Q12 Trademarks, copyrights, patents, and trade secrets are the four main methods for protecting intellectual

2 Business Law BUS 3301 Unit III Q12 Trademarks, copyrights, patents, and trade secrets are the four main methods for protecting intellectual property. Describe each method by explaining what it protects and what restrictions and exceptions exist to limit the intellectual property protection. Your response must be at least 200 words

I need you to complete a presentation on ‘Financial Decision Making.’ Here are the specific requirements: Complete a PowerPoint presentation

I need you to complete a presentation on ‘Financial Decision Making.’ Here are the specific requirements: Complete a PowerPoint presentation according to the requirements. Based on the PowerPoint, prepare a speech of approximately 15-20 minutes. Note: I have uploaded all the textbooks related to this course. I need you to

Chapter 13 Global Corporate Citizenship Stakeholders & Public Policy Concerns: Ethics, AI, and Tech Coeckelbergh: AI & Responsibility: AI & Health Care:

Chapter 13 Global Corporate Citizenship Stakeholders & Public Policy Concerns: Ethics, AI, and Tech Coeckelbergh: AI & Responsibility: AI & Health Care: Ethics vs Compliance – (i.e., COVID response):

See attached Spring Flowers 59 Part 1 The 21st Century Skills need to be taught and modeled as often as possible in the

See attached Spring Flowers 59 Part 1 The 21st Century Skills need to be taught and modeled as often as possible in the classroom. For this activity, you will complete a chart by reviewing student collaboration tasks and determine which tech tool will be best to use for the activity.

Puerto Rican Migration to NYC Discussion 7 Mario Perez 1. As described in the first video, the

Puerto Rican Migration to NYC Discussion 7 Mario Perez 1. As described in the first video, the experience of Puerto Ricans in New York City was challenging due to the language barrier and overcrowded living conditions, as they shared the same hopes as other immigrants/migrants traveling to the United

SIMULATION – Strategic Innovation Simulation: Back Bay Battery (v3) Clayton M. Christensen; Willy Shih Class Strategic Management Simulation Schedule:

SIMULATION – Strategic Innovation Simulation: Back Bay Battery (v3) Clayton M. Christensen; Willy Shih Class Strategic Management Simulation Schedule: Strategic Innovation Simulation: Back Bay Battery (v3) PRACTICE ROUNDS Dear International Strategic Management Executives: As many of you know, this class is our MBA Capstone Course which involves an Strategic Management simulation Learning Activity.