Critically evaluate how companies strategically manage innovation dilemmas to achieve sustainable competitive advantages
The Assessment Task
Write an academic essay (1800 words) to address the essay question and use the essay title given below:
“Critically evaluate how companies strategically manage innovation dilemmas to achieve sustainable competitive advantages”
Guidelines on writing your academic essay
1. A sample academic essay format is provided in page 6 of this document. Anonymous marking and Turnitin default settings will be applied to ES1; please do NOT add your student identification details (name, SID etc.) to the digital copy of your work.
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2. Your understanding of the module content coverage is assessed by the written work titled above. The topic area for this essay question within the strategic management is businesses
creating sustainable competitive advantages. Pay special attention to MBV (Market-base View) versus RBV (Resource-based View) theoretical debate to comprehend the key arguments on how companies can create competitive advantages.
3. The focus of your academic essay should be: How companies of various sizes and operating within various industries strategically manage innovation dilemmas to achieve sustainable competitive advantages. You are advised to concentrate on the academic literature, however you should also use relevant company examples to provide evidence to your points. Please ensure the relationship between the companies and the literature is clear.
4. Be critical and analytical! Critically read sources then evaluate key concepts, analyse business examples within constructed arguments in writing.
5. References throughout your essay should be presented in the Harvard Referencing format. Check this link for more info –
6. Use insights and company examples from reputed and reliable sources for supporting evidence. Show evidence of research from academic and practitioner sources
Learning Outcomes
On successful completion of this assessment, you will be able to:
a. Research, evaluate and present several contemporary debates or issues in strategic management, focusing on the relationship between theoretical work in the field and a range of experience within organisations and industry sectors.
c. Select and explain key aspects of strategy which are complex, coherent and detailed.
d. Coherently collate, critically evaluate and make and justify links between strategy and how organisations implement it, whilst integrating reference to literature effectively within work.
e. Create successful relationships within groups and actively/constructively engage through the provision of meaningful contributions, which is substantially supported by theory, evidence or argument.
f. Identify and meet objectives and actively fulfil own responsibilities whilst engaging other
