Exam 3: Assessing the Internal Environment of the Firm

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Ashley Furniture controls all steps of its distribution systems,developing specific competencies that are difficult to match.They are using ________ to build sustainable advantage.

(Multiple Choice)

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Question 101

Some leading-edge companies are applying the prosumer concept.Here,firms team up with their suppliers and alliance partners to satisfy their customer needs.

(True/False)

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Question 102

Path dependency has no impact on the inimitability of resources.

(True/False)

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Question 103

In contrast to interactions,which allow the firm to gain insights on the needs of a particular customer, offers the opportunity to leverage the wisdom of a larger crowd.

(Multiple Choice)

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Question 104

XYZ printing is building a dominant position as the low-cost leader in the 3D printer market.Three resources the firm can draw on to build a sustainable advantage are(1)an efficient supply chains and manufacturing system,(2)internal control systems to minimize cost,and (3)competencies in the R&D of electronic products.This set of competencies will make it harder for later movers to imitate.This is an example of using ________ conditions to build protection in the 3D printing market.

(Multiple Choice)

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Question 105

The balanced scorecard enables managers to consider their business from all the following perspectives except

(Multiple Choice)

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Question 106

Some firms find great value by not incorporating their customers into the value creation process.

(True/False)

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Question 107

Capabilities that exhibit causal ambiguity are difficult to imitate.

(True/False)

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Question 108

A wide variety of firm resources that are costly to imitate due to the social engineering that is required being beyond the capability of competitors include interpersonal relations among managers in the firm,its culture,and its reputation with its suppliers and customers.Such competitive advantages are based upon

(Multiple Choice)

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Question 109

Showing 101 - 109 of 109

Ashley Furniture controls all steps of its distribution systems,developing specific competencies that are difficult to match.They are using ________ to build sustainable advantage.

Some leading-edge companies are applying the prosumer concept.Here,firms team up with their suppliers and alliance partners to satisfy their customer needs.

Path dependency has no impact on the inimitability of resources.

In contrast to interactions,which allow the firm to gain insights on the needs of a particular customer, offers the opportunity to leverage the wisdom of a larger crowd.

The balanced scorecard enables managers to consider their business from all the following perspectives except

Some firms find great value by not incorporating their customers into the value creation process.

Capabilities that exhibit causal ambiguity are difficult to imitate.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

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Exam 3: Assessing the Internal Environment of the Firm

Ashley Furniture controls all steps of its distribution systems,developing specific competencies that are difficult to match.They are using ________ to build sustainable advantage.

Some leading-edge companies are applying the prosumer concept.Here,firms team up with their suppliers and alliance partners to satisfy their customer needs.

Path dependency has no impact on the inimitability of resources.

In contrast to ________ interactions,which allow the firm to gain insights on the needs of a particular customer,________ offers the opportunity to leverage the wisdom of a larger crowd.

The balanced scorecard enables managers to consider their business from all the following perspectives except

Some firms find great value by not incorporating their customers into the value creation process.

Capabilities that exhibit causal ambiguity are difficult to imitate.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

In contrast to interactions,which allow the firm to gain insights on the needs of a particular customer, offers the opportunity to leverage the wisdom of a larger crowd.