Exercises: Discuss the resource-based view of competitive advantage. Why is it important to understand organizational differences to use this approach? Briefly define what is meant by competitive advantage. Are competitive advantage and sustained competitive advantage identical concepts? Compare and contrast the two concepts. Professional Development: Case Study #12: AIDSCAP Nepal Conduct an internal environmental analysis, identifying the value-creating strengths and weaknesses for each value chain component. Model your response after Exhibit 4-4 (p. 144) “Value Creating Strengths and Value Reducing Weaknesses.” For each strength, assess the competitive relevance, using Exhibit 4-6 (p. 149) as an example. The Professional Development assignment should be between 1500 and 2000 words in length and contain at least two scholarly sources, in addition to the textbook and provided material. Please submit your assignment in one APA formatted document.
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