A) spinning off of a value-creating activity to create a new firm. B) selling of a value-creating activity to other firms. C) purchase of a value-creating activity from an external supplier. D) use of computers to obtain value-creating data from the Internet. A) spinning off of a value-creating activity to create a new firm. B) selling of a value-creating activity to other firms. C) purchase of a value-creating activity from an external supplier. D) use of computers to obtain value-creating data from the Internet.

Exam 3: The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

McDonald's culture,with an emphasis on cleanliness,consistency,service,and the training that reinforces the value of these characteristics,illustrates which of the following criteria for sustainable competitive advantage?

(Multiple Choice)

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Question 41

Firms that have strong positive relationships with suppliers and customers are said to have ingredient to creating value.

(Multiple Choice)

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Question 42

Organizational culture is

(Multiple Choice)

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Question 43

Gamma,Inc.,has struggled for industry dominance with Ardent,Inc.,its main competitor,for years. Gamma has gathered and analyzed large amounts of competitive intelligence about Ardent. It has observed as much of the firm's internal functioning and technology as it can legally,yet Gamma cannot understand why Ardent has a competitive advantage over it. The source of Ardent's success is

(Multiple Choice)

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Question 44

Outsourcing is the

(Multiple Choice)

4.7/5

(47)

Question 45

Which of the following is NOT a reputational resource?

(Multiple Choice)

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Question 46

Which of the following is TRUE about outsourcing?

(Multiple Choice)

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Question 47

Define outsourcing. Why do organizations outsource?

(Essay)

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Question 48

By themselves,resources can allow firms to create value for customers as the foundation for earning above- average returns.

(True/False)

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Question 49

Describe an organization with which you are familiar. Does it have a sustainable competitive advantage?

(Essay)

4.8/5

(38)

Question 50

All of the following are tangible resources EXCEPT

(Multiple Choice)

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Question 51

A person who has made a successful decision when no obviously correct model or rule is available or when relevant data are unreliable or incomplete has exercised

(Multiple Choice)

5.0/5

(37)

Question 52

Value chain analysis is a tool used to

(Multiple Choice)

4.8/5

(41)

Question 53

Value chain activities are

(Multiple Choice)

4.9/5

(31)

Question 54

The value of tangible assets such as the firm's borrowing capacity and its physical plant is high because they can be easily leveraged to derive additional value.

(True/False)

4.8/5

(30)

Question 55

Knowledge transfer and access to resources within the value chain are enhanced by

(Multiple Choice)

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(37)

Question 56

The key to achieving competitiveness,earning above-average returns,and remaining ahead of competitors in the long run is to manage current core competencies

(Multiple Choice)

4.9/5

(32)

Question 57

Compared to tangible resources,intangible resources are an inferior source of core competencies.

(True/False)

4.9/5

(38)

Question 58

At Southwest Airlines,the complex interrelationship between its culture and human capital adds value for customers in ways that other airlines cannot,such as jokes on flights by flight attendants and cooperation between gate personnel and pilots.

(True/False)

5.0/5

(31)

Question 59

When firms lay off employees,they are

(Multiple Choice)

4.8/5

(30)

Question 60

Showing 41 - 60 of 149

McDonald's culture,with an emphasis on cleanliness,consistency,service,and the training that reinforces the value of these characteristics,illustrates which of the following criteria for sustainable competitive advantage?

Firms that have strong positive relationships with suppliers and customers are said to have ingredient to creating value.

Organizational culture is

Outsourcing is the

Which of the following is NOT a reputational resource?

Which of the following is TRUE about outsourcing?

Define outsourcing. Why do organizations outsource?

By themselves,resources can allow firms to create value for customers as the foundation for earning above- average returns.

Describe an organization with which you are familiar. Does it have a sustainable competitive advantage?

All of the following are tangible resources EXCEPT

A person who has made a successful decision when no obviously correct model or rule is available or when relevant data are unreliable or incomplete has exercised

Value chain analysis is a tool used to

Value chain activities are

The value of tangible assets such as the firm's borrowing capacity and its physical plant is high because they can be easily leveraged to derive additional value.

Knowledge transfer and access to resources within the value chain are enhanced by

The key to achieving competitiveness,earning above-average returns,and remaining ahead of competitors in the long run is to manage current core competencies

Compared to tangible resources,intangible resources are an inferior source of core competencies.

At Southwest Airlines,the complex interrelationship between its culture and human capital adds value for customers in ways that other airlines cannot,such as jokes on flights by flight attendants and cooperation between gate personnel and pilots.

When firms lay off employees,they are

Strategic Management and Strategic Competitivenes

The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis.

Business-Level Strategy

Competitive Rivalry and Competitive Dynamics.

Corporate-Level Strategy.

Merger and Acquisition Strategies.

International Strategy

Cooperative Strategy.

Corporate Governance.

Organizational Structure and Controls

Strategic Leadership

Strategic Entrepreneurship

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