You (and your team) are employed as Management Accountants working for Qantas Airways. You have been given the task of recommending a new business strategy for Qantas Airways. The team's first step is to undertake a SWOT analysis for Qantas Airways. Question 1 1) Use the value chain framework to identify at least four capabilities of Qantas Airways. Some guidance: a) Understand the categories of capabilities using the value chain framework. b) Conduct research to identify the activities that Qantas Airways performs to create ) Date for is usas anthe xile gain fies one o gig the value chain framework -explain. Question 2 2) For each capability identified in Q1, identify at least three resources underlying the capability and evaluate the quality of each resource (good/bad). Justify your assessment. Some guidance: a) Identify and understand the three types of resources. b) Conduct research to identify and evaluate the quality of resources that Qantas Airways have to perform for the capabilities identified in Q1. c) Determine whether the resources underlying the capability are in a good/bad state. Question 3 3) Evaluate whether the capabilities identified in Q1 are strength or weakness. Some guidance: a) Understand and identify strengths and weaknesses. b) Refer to your resource analyses in Q2 and conduct research to determine the facts relating to the capabilities identified in Q1. c) Determine whether the capabilities are strengths or weaknesses. Question 4 4) Evaluate whether the strengths identified in Q3 qualify as core competencies for Qantas Airways. Use the VRIO framework to justify your answer. Some guidance: a) Understand the VRIO framework. b) Conduct research to determine the facts relating to the strength identified in Q3. c) Determine whether the strength is a core competency. Question 5 5) Identify two key strengths and two key weaknesses for Qantas Airways. Remember: 1) Capabilities are actions - what organisations "do". Thus, capabilities should be expressed in the form of a verb that is, you should start each capability with, "Ability to.. 2) Resources are inputs that organisations have. Thus, resources are best expressed in the form of a noun