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Business Strategy Exam 1

Business Strategy Exam 1

Q 1. List the three interdependent activities with regards to Human Capital, as well as explaining why the activities truly are interdependent.2. Explain the four attributes that a resource must have to provide a firm with a sustainable competitive advantage and how those attributes can contribute to obtaining a sustainable competitive advantage.3. What is corporate governance and why is it important today?4. Discuss in substance the relevance to Chapter 3 concepts of either of the articles “Diversity as Strategy” or “Building Deep Supplier Relationships.”

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The 3 interdependent activities with regard to human capital are as follows: • Appealing to human capital • Human capital development • Retaining human capital