Economic View Point Of Strategy

Part 1: Outline The Similarities And Differences Between The Studies - Bandura et al. (1963) &

What was the purpose of this study? (i.e., what question(s) did the authors want to answer?)

·  What conclusions did the study reach? Are the conclusions appropriate? Why or why not?

| The discussion is focused on the topic with ample evidence from the literature. The literature is critiqued. (21.5-25)

Methodological Issues Article Review. Read the following articles, which can be accessed through the ProQuest database in the Ashford University Library:

· The results of the study, the interpretation of the data by the authors and any conclusions they include at the end of the article.

Were there any unexpected findings? What did the authors conclude? What did the results mean, and what are their implications?

4. What is the most significant finding(s) in the article? Summarize this clearly in several sentences.

It will then assess the strengths and weaknesses of the viewpoints presented in this article. And lastly, author’s personal thoughts on strategy will be terminated alongside the conclusion of the entire essay.

The authors relied heavily on two studies to create their argument. The first study mentioned was the Pinto et al article. In this study, "Pinto and colleagues (5) assessed the

studies (such as Bifulco, Cobb & Bell, 2009). As a result, the present study fills a

a) What are the main reasons why the authors decided to conduct this study? How did they justify what they did?

Please write a 1,000 word paper reviewing a set of literature displaying the various dimensions of research conducted in an area of your interests.

The different assumption made about the market place is another point of comparison between the MBV and RBV approaches. Under the market-based approach, the assumption of the ultimate arrival at conditions of market equilibrium prevails; with a balance of supply and demand and abnormal profits being computed away with new entrants. The most efficient firms will be those with low costs and minimal differentiation strategies. However, by contrast, the resource-based approach assumes a state of disequilibrium as the market norm. Given that firms will have differing core competencies, coupled with the fact that at different moments in time, the industry will make certain factors key to achieving profitability, the firms with the required key competencies as dictated by the industry, will the ones able to achieve above average profits.

Key points of the article - Describe the views written in the article and the economic concepts that are either used or implied. (15%)