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Strategic and contingency planning begins with an analysis of the firm's internal and external strengths, weaknesses, opportunities and threats (SWOT). However, a resource-based view (RBV)

Strategic and contingency planning begins with an analysis of the firm's internal and external strengths, weaknesses, opportunities and threats (SWOT). However, a resource-based view (RBV) analysis of the firm extends beyond the traditional SWOT by integrating internal and external perspectives.

  • Within the RBV, explain the difference between tangible and intangible resources?
  • Share an example of a company that has effectively, or ineffectively, integrated their strengths regarding some of the items in Exhibit 3.5?
  • Provide examples and rationale to support your response.

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