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Using VCA, RBV, and SWOT Analyses to Determine Strategy Building Blocks

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Explain how you might use VCA, RBV, and SWOT analyses to get a better sense of what might be a firm's key building blocks for a successful strategy. Choose a Fortune 1000 company to demonstrate these analyses mentioned.

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Business analysis is used as the foundation for developing strategies and tactics that eventually become a road map for either implementing or writing a business plan, development plan, or strategic plan. There are a number of techniques you can use to do this: VCA (Value Chain Analysis), SWOT (Strengths, Weaknesses, Opportunities, Threats), or RBV (resource based view) of the organization. All are appropriate, but some have better use during specific times during the business cycle; SWOT for instance, is a great brainstorming tool for initial stages of a ...

Solution Summary

The response explains the merits and purposes of each various type of business analyses: VCA, RBV and SWOT. The explanation is given in 325 words with a reference included.