Joined July 2022
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💰 Understanding Pension Plans & Retirement Benefits A pension plan is a retirement system where employers contribute to a fund invested on behalf of employees to generate income after retirement. Let’s break down how pension systems work globally 👇#PensionPlans #RetirementPlan
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📊 Goal of Pension Investments The main objective is to ensure pension assets generate returns sufficient to meet future liabilities. Tools used: • Asset Liability Management (ALM) • Investment Policy Statements (IPS) #InstitutionalInvesting #PensionFundManagement
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📚 Key Takeaway Pension systems are designed to: ✔ Provide retirement income ✔ Reduce old-age poverty ✔ Stabilize long-term savings and investment Understanding pensions is crucial for long-term financial planning. #RetirementFinance #EconomicEducation
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Firms achieve sustainable competitive advantage by combining tangible & intangible resources effectively. #StrategicThinking
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Examples of Organizational Capabilities: • Outstanding customer service • Strong product innovation • Ability to attract & retain talent #CoreCompetence
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Types of Resources: • Tangible (physical, financial, technological) • Intangible (brand, reputation, innovation, human capital) • Organizational Capabilities (skills & competencies) #BusinessResources
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For a resource to create sustainable competitive advantage, it must be: ✔ Valuable ✔ Rare ✔ Difficult to imitate ✔ Non-substitutable #VRIN
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🏗 RESOURCE-BASED VIEW (RBV) The Resource-Based View (RBV) argues that internal resources drive long-term competitive advantage more than external factors. #RBV #Strategy
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Sustainable competitive advantage comes from managing value chain activities better than competitors and building distinctive capabilities. #SustainableAdvantage
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Strategic options to fix cost disadvantages: ✔ Negotiate better supplier terms ✔ Invest in cost-saving technology ✔ Re-engineer processes ✔ Relocate high-cost activities ✔ Outsource strategically #Efficiency
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