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Answer the following questions: (Minimum 250 words per answer)

1. How might an organizational evaluation be beneficial? How might it be detrimental?

2. How might the value, rarity, imitability, and organization analysis of internal capabilities complement a SWOT analysis? Provide an example.

Answer the following questions: (Minimum 150 words per answer)

3. Although historical experience can provide relevant evaluation framework why must strategist avoid tunnel vision?

4. Explain why firms need to study and understand their internal organization.

5. Explain how firms analyze their value chain for the purpose of determining where they are able to create value when using their resources, capabilities, and core competencies.

6. Describe market commonality and resource similarity as the building blocks of a competitor analysis.

7. Describe factors affecting the likelihood a competitor will respond to actions taken by its competitors.

8. Describe the relationship between strategy and structure.

9. Discuss the functional structures used to implement business-level strategies.

References:

Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2015). Strategic management: Competitiveness and globalization (11th ed). Stamford, CT: Cengage.


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Explanation & Answer

Please find answer.Thank you.

Answer the following questions: (Minimum 250 words per answer)
1. How might an organizational evaluation be beneficial? How might it be detrimental?
Answer
Organisation’s evaluation helps in determining the strengths and weakness of an
organization, which further help in analyzing the threats and opportunities associated with the
organisation.
Organizational evaluation plays an important role in the organization. It helps for improving
management and acts as a useful tool for measuring its functioning, achievements, and
problems. It analyses through behavioral and social system aspect. Organizational evaluation
plays a vital role in measuring, comparing and analyzing the objectives and general
objectives of the project or organizational plans. It also helps in attracting new employees
while retaining the existing employees. Evaluation helps for comparative analysis and
undertaking the results. There is a need for organizations to survive, perform and adapt
themselves continually. It is necessary to perform efficiently and conduct critical
organizational assessments. Evaluation provides a tool to understand themselves and know
where they stand with regards to the competitors. It can also be detrimental by putting
unnecessary pressure on the organization. It cannot always be accurate, and the indicators
cannot always fit the bill. The evaluation and the important pointers can be interpreted
differently by the stakeholders. This can be viewed in a negative light, and it can increase the
organizational costs. Further, evaluation consumes a lot of time and energy which adds to the
workload and cost of the organization. Also, the organizational evaluation would be of no use
if the results of evaluation are not utilized effectively. Thus, any organization before
undertaking an evaluation exercise should take a call based on the expected benefits and the
costs associated.
References

Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2015). Strategic management: Competitiveness
and globalization (11th ed). Stamford, CT: Cengage.
2.How might the value, rarity, imitability, and organization analysis of internal capabilities
complement a SWOT analysis? Provide an example.
Answer
SWOT analysis is a tool which helps the management to analyze the internal and external
factors that affect the organization. Conducting SWOT analysis assist the management in
understanding the various forces that affect the organization. In addition to it, this analysis
also helps in reducing the weaknesses of the organization, avoid threats and seize
opportunities in order to achieve organizational goals more effectively. Environmental
scanning using PEST analysis will help the organization in underst...


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