Question

Take an organization of your choice. Identify the key resources, capabilities, and core competencies of that organization. How easy is it for competitors to imitate your organization’s resource, capabilities, and core competencies? What changes in the external businesss environment can make those resources, capabilities, and core competencies less valuable to the organization?

Answer 1

The above question is theory question. In this question, I will assume a organisation named as X Pvt. Ltd.

In X Pvt. Ltd. the following are the keys of the organisation.

Physical Assets: These are basically fixed assets in nature which you can touch and see. In finance they are known as tangible assets such as land building plant and machine. In general terms any company which capitalised things for profit generation those thing are known as resources for the organisation and treated as a asset for the company

Capabilities: It refers to the ability of organisation to stand in their respective market. It somehow has a relation with the competencies as Competencies is the competitive advantages of organisation over other competitors.

Competencies: Theses are the specific ability that persist in the organisation to move ahead in their respective industry relative to competitors. These are the extra edge on organisational abilities which provide them to enjoy the marginal benefit.

Following are the changes in external environment, than can make those key to less valuable to the organisation.

Change in reforms and policies in the industrial sector by the regulators

Change in the taste of consumer and technology.

Manipulation done by the cartel of supplier: It refers to the creation of artificial equilibrium point with the motive to sell their raw material to high price.