Why is it necessary to perform an external and internal analysis before the firm can identify its true core competencies?

What is the difference between a strength, a competitive advantage, and a sustainable competitive advantage?

What makes an ability (or set of abilities) a core competency?

Why is it necessary to perform an external and internal analysis before the firm can identify its true core competencies?

Pick a company you are familiar with. Can you identify some of its core competencies?

How is the idea of strategic intent different from models of strategy that emphasize achieving a fit between the firm’s strategies and its current strengths, weaknesses, opportunities, and threats (SWOT)?

Can a strategic intent be too ambitious?