Exam 3: Assessing the Internal Environment of the Firm
Exam 1: Strategic Management: Creating Competitive Advantages106 Questions
Exam 2: Analyzing the External Environment of the Firm: Creating Competitive Advantages114 Questions
Exam 3: Assessing the Internal Environment of the Firm109 Questions
Exam 4: Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources112 Questions
Exam 5: Business-Level Strategy: Creating and Sustaining Competitive Advantages105 Questions
Exam 6: Corporate-Level Strategy: Creating Value Through Diversification102 Questions
Exam 7: International Strategy: Creating Value in Global Markets107 Questions
Exam 8: Entrepreneurial Strategy and Competitive Dynamics94 Questions
Exam 9: Strategic Control and Corporate Governance91 Questions
Exam 10: Creating Effective Organizational Designs86 Questions
Exam 11: Strategic Leadership: Creating a Learning Organization and an Ethical Organization104 Questions
Exam 12: Managing Innovation and Fostering Corporate Entrepreneurship93 Questions
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Amazon Prime is credited for helping to increase the Amazon stock price by nearly 300 percent from 2008 to 2010.This competitive advantage is known as
(Multiple Choice)
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________ is/are associated with collecting,storing,and distributing the product or service to buyers.They consist of warehousing,material handling,delivery operation,order processing,and scheduling.
(Multiple Choice)
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Which of these categories of financial ratios is used to measure the ability of a firm to meet its short-term financial obligations?
(Multiple Choice)
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A firm's financial position should not be analyzed in isolation.Important reference points are needed.Discuss how historical comparisons,comparisons with industry norms,and comparisons with key competitors can be used to make financial analysis more meaningful.
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Accounting is a sort of transformation process that converts daily records of individual transactions into monthly financial reports.The ________ are the inputs,accounting is the operation that adds value,and ________ are the outputs.
(Multiple Choice)
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The Germany truck and trailer manufacturer,Schmitz Cargobull,mainly serves customers who are operators of truck or trailer fleets.What sets the company apart is its expertise in telematics (the integrated application of telecommunications data)to monitor the current state of any Schmitz Cargobull-produced trailer.What type of a value-chain support activity is this?
(Multiple Choice)
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When Nordstrom,the Seattle-based department store chain,aids customers with after-sales support,it exemplifies which primary value-chain activity?
(Multiple Choice)
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A travel agent adds value by creating an itinerary that includes transportation,accommodations,and activities that are customized to your budget and travel dates.In terms of the value-chain analysis,this is an example of a ________ organization.
(Multiple Choice)
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A marketing department that promises delivery faster than the ability of the production department to produce is an example of a lack of understanding of the
(Multiple Choice)
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A competitive advantage based on inimitability can be sustained for at least some time,if it has the following characteristics:
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For a firm such as Nordstrom that has no manufacturing operations,value is added by developing expertise in the procurement of finished goods and by displaying them in its stores in a way that enhances sales.In the value chain,procurement activities become the primary activity.This begins with ________ and ends with ________.
(Multiple Choice)
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Human resource management consists of activities involved in the recruiting,hiring,training,development,and compensation of all types of personnel.It supports
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The root of the 3M innovation process is complex,hard to understand,and difficult to imitate.This is a competitive advantage based on
(Multiple Choice)
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A firm that takes on too much long-term debt to finance operations will see an immediate impact on its indicators of ________ financial leverage.
(Multiple Choice)
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The balanced scorecard,developed by Kaplan and Norton,helps to integrate
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The three key types of resources that are central to the resource-based view of the firm are
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A resource is valuable and rare but neither difficult to imitate nor without substitutes.This should enable the firm to attain
(Multiple Choice)
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Which of the following examples demonstrates how successful organizations manage their primary activities?
(Multiple Choice)
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In a telephone operating company,negotiating and maintaining ongoing relations with regulatory bodies can be among the most important activities for competitive advantage.What type of value-chain support activity is this?
(Multiple Choice)
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