Compare and contrast two of Rumelt's four criteria for evaluating strategies.
Two of Rumett's four criteria selected for evaluating strategies are feasibility, and advantage (Frederick Gluck, Richard Rumelt, 1981). Feasibility refers to the resources that the organization has. This includes personnel resources, management, professionals, technology, capital, time duration, and liquidity. Advantage refers to how the strategy can create and maintain competitive advantage. These include position in the market, the skills that the ...
This solution explains Rumelt's four criteria for evaluating strategies. The sources used are also included in the solution.