Question 1

When it comes to competing internationally, firms that are successful domestically typically:

Accepted Answer

A) ​Are more successful internationally. 
B) ​Are on their way to becoming global cult brands. 
C)  ​Find that cross-border capabilities may or may not be the same. 
D)  ​Find that factors that lead to success domestically are easily translated to competing internationally. 
A) ​Are more successful internationally. 
B) ​Are on their way to becoming global cult brands. 
C)  ​Find that cross-border capabilities may or may not be the same. 
D)  ​Find that factors that lead to success domestically are easily translated to competing internationally.

Question 2

A SWOT analysis of the value chain engages managers in ascertaining a firm's strengths and weaknesses on an activity-by-activity basis.

Accepted Answer

A) True 
 B)False

Question 3

According to the text, which of the following are intangible resources and capabilities?

Accepted Answer

A) Trade secrets. 
B) Organizational. 
C)  Formal structures. 
D)  All of the above. 
E)  None of the above. 
A) Trade secrets. 
B) Organizational. 
C)  Formal structures. 
D)  All of the above. 
E)  None of the above.

Question 4

In markets where a high quality in a product is expected, providing that level of quality provides little advantage, and at best could be considered competitive parity.

Accepted Answer

A) True 
 B)False

Question 5

Resource-based studies of firm performance need to describe the measurement of firm-specific factors such as organizational learning, knowledge management, and managerial talent.

Accepted Answer

A) True 
 B)False

Question 6

Which view of strategy focuses on how individual firms differ from each other in one industry?

Accepted Answer

A) ​Industry-based view. 
B) ​Resource-based view. 
C)  ​Organizational-based view. 
D)  ​Institution-based view. 
A) ​Industry-based view. 
B) ​Resource-based view. 
C)  ​Organizational-based view. 
D)  ​Institution-based view.

Question 7

What questions are answered by using a VRIO framework, and how do those answers extend SWOT?

Accepted Answer

​The questions of VRIO ask Do firm resou

Question 8

To choose and implement its strategies, Whole Foods uses:

Accepted Answer

A) ​Tangible and intangible assets. 
B) ​Capabilities. 
C)  ​Human resources and reputation. 
D)  ​All of the above. 
A) ​Tangible and intangible assets. 
B) ​Capabilities. 
C)  ​Human resources and reputation. 
D)  ​All of the above.

Question 9

A firm with valuable, rare, and hard-to-imitate resources and capabilities will:

Accepted Answer

A) ​Always have a sustained competitive advantage. 
B) ​Have difficulty sustaining a competitive advantage if it is not well organized. 
C)  ​Outsource all activities except for core activities. 
D)  ​Be highly susceptible to commoditization. 
A) ​Always have a sustained competitive advantage. 
B) ​Have difficulty sustaining a competitive advantage if it is not well organized. 
C)  ​Outsource all activities except for core activities. 
D)  ​Be highly susceptible to commoditization.

When it comes to competing internationally, firms that are successful domestically typically:

A SWOT analysis of the value chain engages managers in ascertaining a firm's strengths and weaknesses on an activity-by-activity basis.

According to the text, which of the following are intangible resources and capabilities?

In markets where a high quality in a product is expected, providing that level of quality provides little advantage, and at best could be considered competitive parity.

Resource-based studies of firm performance need to describe the measurement of firm-specific factors such as organizational learning, knowledge management, and managerial talent.

Which view of strategy focuses on how individual firms differ from each other in one industry?

What questions are answered by using a VRIO framework, and how do those answers extend SWOT?

To choose and implement its strategies, Whole Foods uses:

A firm with valuable, rare, and hard-to-imitate resources and capabilities will:

Strategizing Around the Globe

Managing Industry Competition

Emphasizing Institutions, Cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, Acquiring, and Restructuring

Strategizing, Structuring, and Learningaround the World

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters

Exam 3: Leveraging Resources and Capabilities

When it comes to competing internationally, firms that are successful domestically typically:

A SWOT analysis of the value chain engages managers in ascertaining a firm's strengths and weaknesses on an activity-by-activity basis.

According to the text, which of the following are intangible resources and capabilities?

In markets where a high quality in a product is expected, providing that level of quality provides little advantage, and at best could be considered competitive parity.

Resource-based studies of firm performance need to describe the measurement of firm-specific factors such as organizational learning, knowledge management, and managerial talent.

Which view of strategy focuses on how individual firms differ from each other in one industry?

What questions are answered by using a VRIO framework, and how do those answers extend SWOT?

To choose and implement its strategies, Whole Foods uses:

A firm with valuable, rare, and hard-to-imitate resources and capabilities will:

Strategizing Around the Globe

Managing Industry Competition

Emphasizing Institutions, Cultures, and Ethics

Growing and Internationalizingthe Entrepreneurial Firm

Entering Foreign Markets

Making Strategic Alliancee and Networks Work

Managing Global Competitive Dynamics

Diversifying, Acquiring, and Restructuring

Strategizing, Structuring, and Learningaround the World

Governing the Corporation Around the World

Strategizing With Corporate Social Responsibility

Filters