Question 1

When a company takes apart a competitor's product in order to find out how it works, this process is known as

Accepted Answer

A) durability. 
B) replicability. 
C) reverse engineering. 
D) transparency. 
E) transferability. 
A) durability. 
B) replicability. 
C) reverse engineering. 
D) transparency. 
E) transferability.

Question 2

Which of the following is NOT a responsibility of a research and development manager?

Accepted Answer

A) Choosing among alternative new technologies to use within the corporation. 
B) Developing methods of embodying the new technology in new products and processes. 
C) Deploying resources so that the new technology can be successfully implemented. 
D) Taking the design and operationalizing the plan into mass production. 
E) Suggesting and implementing a corporation's technological strategy in light of its corporate objectives and policies. 
A) Choosing among alternative new technologies to use within the corporation. 
B) Developing methods of embodying the new technology in new products and processes. 
C) Deploying resources so that the new technology can be successfully implemented. 
D) Taking the design and operationalizing the plan into mass production. 
E) Suggesting and implementing a corporation's technological strategy in light of its corporate objectives and policies.

Question 3

Which of the following terms best describes a system in which items are normally processed sequentially, but the work and sequence of the process vary?

Accepted Answer

A) continuous system 
B) debt capacity 
C) chronological processing 
D) operating leverage 
E) intermittent system 
A) continuous system 
B) debt capacity 
C) chronological processing 
D) operating leverage 
E) intermittent system

Question 4

The rate at which a firm's underlying resources, capabilities, or core competencies can be duplicated by others is called

Accepted Answer

A) replicability. 
B) transparency. 
C) imitability. 
D) durability. 
E) transferability. 
A) replicability. 
B) transparency. 
C) imitability. 
D) durability. 
E) transferability.

Question 5

General Electric is well known for its distinctive competency in management development.

Accepted Answer

A) True 
 B)False

Question 6

The second step when analyzing the value-added chain is to

Accepted Answer

A) identify the legal ramifications and responsibilities of their product or service. 
B) examine the linkages among the product's or service's value activities. 
C) confirm that all variables have been included and taken into consideration. 
D) ensure that quality management is adequately addressed. 
E) examine the potential synergies among the corporation's product or business units. 
A) identify the legal ramifications and responsibilities of their product or service. 
B) examine the linkages among the product's or service's value activities. 
C) confirm that all variables have been included and taken into consideration. 
D) ensure that quality management is adequately addressed. 
E) examine the potential synergies among the corporation's product or business units.

Question 7

Which of the following is NOT a function of corporate culture?

Accepted Answer

A) conveys a sense of identity for employees 
B) adds to the stability of the organization as a social system 
C) helps generate employee commitment to something greater than themselves 
D) keeps people guessing about what to do next 
E) serves as a frame of reference for employees to use as a guide for appropriate behavior 
A) conveys a sense of identity for employees 
B) adds to the stability of the organization as a social system 
C) helps generate employee commitment to something greater than themselves 
D) keeps people guessing about what to do next 
E) serves as a frame of reference for employees to use as a guide for appropriate behavior

Question 8

When examining the corporate value chain of a particular product or service, which one of the following is NOT one of the PRIMARY activities that usually occur?

Accepted Answer

A) operations 
B) inbound and outbound logistics 
C) auditing and accounting 
D) marketing and sales 
E) customer service 
A) operations 
B) inbound and outbound logistics 
C) auditing and accounting 
D) marketing and sales 
E) customer service

Question 9

What is R & D intensity?

Accepted Answer

A company's R & D intensity is the firm'

Question 10

The resources of an organization include tangible assets, human assets, and intangible assets.

Accepted Answer

A) True 
 B)False

Question 11

Through market research, corporations can target their various products or services so that management can discover what niches to seek or develop, and how to minimize competitive pressure.This is descriptive of

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 12

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

Accepted Answer

A) True 
 B)False

Question 13

According to Barney's VRIO framework, the exploitation of a resource pertains to the ________ of the resource.

Accepted Answer

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

Question 14

Knowledge that can be easily articulated and communicated is known as

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 15

The business model used by HP in selling printers and printer cartridges is the

Accepted Answer

A) profit pyramid model. 
B) advertising model. 
C) customer solutions model. 
D) efficiency model. 
E) multi-component system/installed base model. 
A) profit pyramid model. 
B) advertising model. 
C) customer solutions model. 
D) efficiency model. 
E) multi-component system/installed base model.

Question 16

Two characteristics that determine the sustainability of a firm's distinctive competency are durability and transparency.

Accepted Answer

A) True 
 B)False

Question 17

Core competencies may mature and become core deficiencies.

Accepted Answer

A) True 
 B)False

Question 18

Define a value chain and the significance of the center of gravity.

Accepted Answer

A value chain is a linked set of value-c

Question 19

According to the text, the primary task of the operations manager is to

Accepted Answer

A) make sure all the products or services are producing maximum revenue. 
B) develop and operate a system that will produce the required number of products or services with a certain quality, at a given cost, within an allotted time. 
C) make sure the process has a high quality control. 
D) ensure that the process is manufactured or delivered as efficiently as possible. 
E) interface with the other functional departments to coordinate their operations in avoiding duplication of effort. 
A) make sure all the products or services are producing maximum revenue. 
B) develop and operate a system that will produce the required number of products or services with a certain quality, at a given cost, within an allotted time. 
C) make sure the process has a high quality control. 
D) ensure that the process is manufactured or delivered as efficiently as possible. 
E) interface with the other functional departments to coordinate their operations in avoiding duplication of effort.

Question 20

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.

When a company takes apart a competitor's product in order to find out how it works, this process is known as

Which of the following is NOT a responsibility of a research and development manager?

Which of the following terms best describes a system in which items are normally processed sequentially, but the work and sequence of the process vary?

The rate at which a firm's underlying resources, capabilities, or core competencies can be duplicated by others is called

General Electric is well known for its distinctive competency in management development.

The second step when analyzing the value-added chain is to

Which of the following is NOT a function of corporate culture?

When examining the corporate value chain of a particular product or service, which one of the following is NOT one of the PRIMARY activities that usually occur?

What is R & D intensity?

The resources of an organization include tangible assets, human assets, and intangible assets.

Through market research, corporations can target their various products or services so that management can discover what niches to seek or develop, and how to minimize competitive pressure.This is descriptive of

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

According to Barney's VRIO framework, the exploitation of a resource pertains to the ________ of the resource.

Knowledge that can be easily articulated and communicated is known as

The business model used by HP in selling printers and printer cartridges is the

Two characteristics that determine the sustainability of a firm's distinctive competency are durability and transparency.

Core competencies may mature and become core deficiencies.

Define a value chain and the significance of the center of gravity.

According to the text, the primary task of the operations manager is to

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

Basic Concepts in Strategic Management

Corporate Governance

Ethics and Social Responsibility in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Situation Analysis and Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing for Action

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 5: Internal Scanning and Organizational Analysis

When a company takes apart a competitor's product in order to find out how it works, this process is known as

Which of the following is NOT a responsibility of a research and development manager?

Which of the following terms best describes a system in which items are normally processed sequentially, but the work and sequence of the process vary?

The rate at which a firm's underlying resources, capabilities, or core competencies can be duplicated by others is called

General Electric is well known for its distinctive competency in management development.

The second step when analyzing the value-added chain is to

Which of the following is NOT a function of corporate culture?

When examining the corporate value chain of a particular product or service, which one of the following is NOT one of the PRIMARY activities that usually occur?

What is R & D intensity?

The resources of an organization include tangible assets, human assets, and intangible assets.

Through market research, corporations can target their various products or services so that management can discover what niches to seek or develop, and how to minimize competitive pressure.This is descriptive of

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

According to Barney's VRIO framework, the exploitation of a resource pertains to the ________ of the resource.

Knowledge that can be easily articulated and communicated is known as

The business model used by HP in selling printers and printer cartridges is the

Two characteristics that determine the sustainability of a firm's distinctive competency are durability and transparency.

Core competencies may mature and become core deficiencies.

Define a value chain and the significance of the center of gravity.

According to the text, the primary task of the operations manager is to

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

Basic Concepts in Strategic Management

Corporate Governance

Ethics and Social Responsibility in Strategic Management

Environmental Scanning and Industry Analysis

Strategy Formulation: Situation Analysis and Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing for Action

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters