Question 1

Which of the following is an example of an actual network?

Accepted Answer

A) Computer operating systems 
B) E-mail 
C) Video gaming 
D) DVD players 
E) iPods 
A) Computer operating systems 
B) E-mail 
C) Video gaming 
D) DVD players 
E) iPods

Question 2

What term best describes clusters of activities that a firm does especially well in comparison with other firms?

Accepted Answer

A) Competitive advantage 
B) Resources 
C) Capabilities 
D) Threats to sustainability 
E) Strategic firm assets 
A) Competitive advantage 
B) Resources 
C) Capabilities 
D) Threats to sustainability 
E) Strategic firm assets

Question 3

What type of isolating mechanisms impedes existing firms and potential entrants from duplicating the resources and capabilities that form the basis of the firm's advantage?

Accepted Answer

A) Scarce 
B) Imperfectly mobile 
C) Early-mover advantages 
D) Impediments to imitation 
E) Cospecialized 
A) Scarce 
B) Imperfectly mobile 
C) Early-mover advantages 
D) Impediments to imitation 
E) Cospecialized

Question 4

What type of isolating mechanisms increase the economic power of a competitive advantage over time once a firm has acquired that advantage?

Accepted Answer

A) Scarce 
B) Imperfectly mobile 
C) Early-mover advantages 
D) Impediments to imitation 
E) Cospecialized 
A) Scarce 
B) Imperfectly mobile 
C) Early-mover advantages 
D) Impediments to imitation 
E) Cospecialized

Question 5

What term best describes a resource that cannot "sell itself" to the highest bidder?

Accepted Answer

A) Isolated 
B) Value-creating 
C) Scarce 
D) Imperfectly mobile 
E) Profit maximizing 
A) Isolated 
B) Value-creating 
C) Scarce 
D) Imperfectly mobile 
E) Profit maximizing

Which of the following is an example of an actual network?

What term best describes clusters of activities that a firm does especially well in comparison with other firms?

What type of isolating mechanisms impedes existing firms and potential entrants from duplicating the resources and capabilities that form the basis of the firm's advantage?

What type of isolating mechanisms increase the economic power of a competitive advantage over time once a firm has acquired that advantage?

What term best describes a resource that cannot "sell itself" to the highest bidder?

Basic Microeconomic Principles

Economies of Scale and Scope

Agency and Coordination

The Power of Principles - an Historical Perspective

The Vertical Boundaries of the Firm

Organizing Vertical Boundariesvertical Integration and Its Alternatives

Diversificationpart Threemarket and Competitive Analysis

Competitors and Competition

Strategic Commitment

The Dynamics of Pricing Rivalry

Entry and Exit

Industry Analysispart Fourstrategic Position and Dynamics

Strategic Positioning for Competitive Advantage

The Origins of Competitive Advantage, innovation, evolution, and Environment part Five internal Organization

Performance Measurement and Incentives in Firms

Strategy and Structure

Environment, power, and Culture

Filters

Exam 14: Sustaining Competitive Advantage

Which of the following is an example of an actual network?

What term best describes clusters of activities that a firm does especially well in comparison with other firms?

What type of isolating mechanisms impedes existing firms and potential entrants from duplicating the resources and capabilities that form the basis of the firm's advantage?

What type of isolating mechanisms increase the economic power of a competitive advantage over time once a firm has acquired that advantage?

What term best describes a resource that cannot "sell itself" to the highest bidder?

Basic Microeconomic Principles

Economies of Scale and Scope

Agency and Coordination

The Power of Principles - an Historical Perspective

The Vertical Boundaries of the Firm

Organizing Vertical Boundariesvertical Integration and Its Alternatives

Diversificationpart Threemarket and Competitive Analysis

Competitors and Competition

Strategic Commitment

The Dynamics of Pricing Rivalry

Entry and Exit

Industry Analysispart Fourstrategic Position and Dynamics

Strategic Positioning for Competitive Advantage

The Origins of Competitive Advantage, innovation, evolution, and Environment part Five internal Organization

Performance Measurement and Incentives in Firms

Strategy and Structure

Environment, power, and Culture

Filters