Question 1

Historically, competitive leadership in a market changes hands as one technology nears the end of its S-curve.

Accepted Answer

A) True 
 B)False

Question 2

Which one of the following is not descriptive of the experience curve?

Accepted Answer

A)  It is very useful because it is consistent for all organizations within a particular industry. 
B)  It is used to estimate the production cost of a product produced by newly introduced techniques or processes. 
C)  The experience curve varies by industry and is based on many variables. 
D)  The concept was first applied in the airframe industry. 
E)  It shows that production costs decline by some fixed percentage as production in units doubles. 
A)  It is very useful because it is consistent for all organizations within a particular industry. 
B)  It is used to estimate the production cost of a product produced by newly introduced techniques or processes. 
C)  The experience curve varies by industry and is based on many variables. 
D)  The concept was first applied in the airframe industry. 
E)  It shows that production costs decline by some fixed percentage as production in units doubles.

Question 3

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's

Accepted Answer

A)  functional crossroads. 
B)  center of gravity. 
C)  dynamic equilibrium. 
D)  R&D intensity. 
E)  economy of scope. 
A)  functional crossroads. 
B)  center of gravity. 
C)  dynamic equilibrium. 
D)  R&D intensity. 
E)  economy of scope.

Question 4

Tacit knowledge is harder than explicit knowledge for competitors to imitate.

Accepted Answer

A) True 
 B)False

Question 5

It is generally accepted that process R&D normally dominates the early stages of a product's life cycle, whereas product R&D becomes especially important in the later stages.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following best describes a simple structure?

Accepted Answer

A)  Work is divided into subunits on the basis of such functions as manufacturing, marketing, finance, and human resources. 
B)  This is most appropriate for large corporations with many product lines in several related industries, with employees acting as functional specialists attempting to gain synergy among divisional activities. 
C)  This is most appropriate for small, entrepreneur-dominated companies with one or two product lines that operate in a small niche market, with employees acting as jack-of-all trades. 
D)  Employees have two or more superiors, a project manager and a functional manager. 
E)  This is most appropriate for large corporations with many product lines in several unrelated industries, with employees acting as functional specialists but with no attempt at gaining synergy among the divisions. 
A)  Work is divided into subunits on the basis of such functions as manufacturing, marketing, finance, and human resources. 
B)  This is most appropriate for large corporations with many product lines in several related industries, with employees acting as functional specialists attempting to gain synergy among divisional activities. 
C)  This is most appropriate for small, entrepreneur-dominated companies with one or two product lines that operate in a small niche market, with employees acting as jack-of-all trades. 
D)  Employees have two or more superiors, a project manager and a functional manager. 
E)  This is most appropriate for large corporations with many product lines in several unrelated industries, with employees acting as functional specialists but with no attempt at gaining synergy among the divisions.

Question 7

Which of the following is not one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?

Accepted Answer

A)  organization 
B)  durability 
C)  rareness 
D)  valuable 
E)  imitability 
A)  organization 
B)  durability 
C)  rareness 
D)  valuable 
E)  imitability

Question 8

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

Accepted Answer

A)  tacit knowledge. 
B)  explicit knowledge. 
C)  imitable knowledge. 
D)  transferable knowledge. 
E)  durable knowledge. 
A)  tacit knowledge. 
B)  explicit knowledge. 
C)  imitable knowledge. 
D)  transferable knowledge. 
E)  durable knowledge.

Question 9

The particular combination of product, place, promotion, and price is called

Accepted Answer

A)  marketing position. 
B)  product life cycle. 
C)  market segmentation. 
D)  marketing mix. 
E)  marketing leverage. 
A)  marketing position. 
B)  product life cycle. 
C)  market segmentation. 
D)  marketing mix. 
E)  marketing leverage.

Question 10

Discuss the three basic organizational structures.

Accepted Answer

The three basic organizational structure

Historically, competitive leadership in a market changes hands as one technology nears the end of its S-curve.

Which one of the following is not descriptive of the experience curve?

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's

Tacit knowledge is harder than explicit knowledge for competitors to imitate.

It is generally accepted that process R&D normally dominates the early stages of a product's life cycle, whereas product R&D becomes especially important in the later stages.

Which of the following best describes a simple structure?

Which of the following is not one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

The particular combination of product, place, promotion, and price is called

Discuss the three basic organizational structures.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 5: Organizational Analysis and Competitive Advantage

Historically, competitive leadership in a market changes hands as one technology nears the end of its S-curve.

Which one of the following is not descriptive of the experience curve?

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's

Tacit knowledge is harder than explicit knowledge for competitors to imitate.

It is generally accepted that process R&D normally dominates the early stages of a product's life cycle, whereas product R&D becomes especially important in the later stages.

Which of the following best describes a simple structure?

Which of the following is not one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

The particular combination of product, place, promotion, and price is called

Discuss the three basic organizational structures.

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters