TopAceEssays

1. What does it mean for a firm to have a sustainable competitive
   advantage? What is the best way for a firm to achieve this in business
   today?
2. Outline the resource perspective. Identify a firm and its core
   competency: How does that competency meet the three tests proposed
   by Prahalad and Hamel that define it as a source of sustainable
   competitive advantage for the firm?
3. Conduct a five forces analysis of the social media industry. Where do
   we, the public who use social media products, fit? Are we consumers
   or suppliers (or its workers)?
   We often think of ourselves as consumers of Facebook, Google,
   Instagram and other Internet services. In reality, we are also their
   suppliers—or more accurately, their workers.
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4. What is the difference between a business-level strategy based on low
   cost and a business-level strategy based on differentiation? How do
   these different strategies affect a firm’s CSR Threshold?
5. If you were CEO of a firm, how would you apply a CSR Filter—what
   form might it take? Can you think of a company that is successfully
   utilizing a CSR Filter today?

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