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Continuation from my first post attached. Read professor feedback before completing this new assignment.

Identify and explain to the class the core competencies of the firm where you are currently employed or a firm where you have been employed in the past. Also explain these competencies in light of those of the competition and if the competencies contain any of the four elements that lead to sustainable advantages mentioned in chapter 3 (valuable, rare, costly to imitate and substitution). During your discussion, please include the role of organizational culture as a source of strategic competitiveness. Learn what makes firms competitive in the market.

Sample Solution

The life of a celebrity compared to an average person’s life is very different. A rich person lives a more luxuries lifestyle than the average person does. The average person usually only owns a single home where as someone of wealth may own several homes. The normal person is not as fortunate as someone who is rich and can sometimes be envious of what the elite own. The average salary for a middle class family is $60,000 to $85,000 the minimum amount of money you need to live a comfortable lifestyle these days is around $50,000. In order to be considered wealthy it is over a million dollars and with that amount of money you can buy almost anything you want and never have to work again, that is if you are careful with your finances. A rich celebrity on television usually owns a couple of luxurious homes all over the world that’s why we get excited watching them on television and showing all that they own. We, as the viewers, are interested to see what the rich have spent their money on. While we are also jeal>

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