Essays on Resource Based View

Impact of Globalization and Technology

Walmart was established by Sam Walton in the year 1962 as a small retail outlet in Arkansas. The main idea on which Walton started operations was on providing the greatest possible variety of consumer goods to people under one roof at the lowest possible prices. Since Walmart’s opening, the company has established itself as the highest revenue generating company in the world as per the data collected in 2016 by Fortune Global 500. Despite the company’s expansion in more than 28 countries, operating 63 different banners at 11,633 store locations, it remains a family owned business ...

Internal Analysis of Encana

Internal Analysis of Encana

Introduction

The oil and gas industry in North America is currently experiencing challenges and transition stage. The increasing need for the environment-friendly and sustainable forms of energy is affecting the industry negatively as more governments and companies are encouraged to use energy with no or low carbon emission. More companies are now developing solar and wind energy and create vehicles that can rely on electricity rather than oil. Such growing trend in the energy sector resulted to lower demand of oil and gas particularly in the North America. Many oil and gas producing countries and companies ...

Imperial Oil, founded in 1880 is a giant petroleum producing company, with its headquarters located in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has registered a phenomenal growth since its inception. Its operations consist of exploring and producing oil, manufacturing and distributing petroleum products for energy sources, producing chemicals for industrial and domestic use through innovative and sustainable technology. ( Annual report, 2016) reports a cash generation of $22 bn from operations only during 2010-2015. Its performance can be evaluated from the growing dividends paid to its shareholders in last 21 consecutive years. Imperial ...

CONTENTS

A. Introduction 3

B. Part I - Analysis of Strategic Capabilities of Wikipedia under RBV Model 4 Resource Based View Model in Wikipedia Perspective 6 Heterogeneity and immobility of Wikipedia resources 7 VRIO Nature of Wikipedia Resources 8 C. Part II - Wikipedia in Blue Ocean Dimension 9

Elimination Aspect 10

Performance Raise Aspect 11 Reduction Aspect 12 Creative Aspect 12 Complexity Theory: The Wikipedia Case 13 D. Conclusions 15

Bibliography 17

Introduction Wikipedia is the largest international online encyclopedia with free access and free content (Ling, 2011) . It is supported by the Wikimedia Foundation, a non-profit organization registered and operating in the United States (The ...

There is no service or manufacturing organization that can work alone or in isolation. It always needs suppliers and a supply chain in order to function in an effectual manner. Nowadays, realties as well as trends that are prevailing in the global economy are compelling the organizations to ensure management of supply chain as an essential element of business strategy. In recent years, most organization have started relying on external supply sources, by using outsourcing in order to reduce the cost, and utilize major competencies. Supply chain perspective of operations management has become important because of the role that ...

HRM and Culture

Human resource has the advantage of decision making capabilities, unique skill sets, and valuable knowledge. This therefore, enables companies with best practices of human resource management to have a competitive advantage over their rivals who do not. The resource based view creates a perspective where employees are viewed as resources thus making it easy to explain strategic management of a company. There are best practices of human resource management used to enhance organizational performance. Selective hiring is among the best practices of HRM. This implies being sensitive to issues such as gender. This paper seeks to discuss human resource management and culture ...