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FIGURE 3-1
-Refer to Figure 3-1. If demand is given by the curve D, the energy -efficient light bulbs is 200 000 at a price of $9.
Core Competency
Unique abilities or advantages that distinguish an organization from its competitors.
Capabilities
A complex combination of people and processes that represent the firm's capacity to exploit resources that have been specially integrated to achieve a desired result.
Resources
Refers to all assets, capabilities, organizational processes, firm attributes, information, knowledge, etc., that a firm controls and can use to implement strategies and achieve its objectives.
Strategy Implementation
The process of putting plans, strategies, or policies into action to achieve strategic goals and objectives.
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