Exam 4: Leveraging Resources and Capabilities

An original design manufacturer (ODM) differs from an original brand manufacturer (OBM) in that an ODM _____.

Original design manufacturers are firms that both design and manufacture products.

_____ is defined as turning over an organizational activity to an outside supplier that will perform it on behalf of the focal firm.

_____ is an examination as to whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors.

The VRIO framework differs from SWOT analysis in that the VRIO framework promotes nonoffshoring.

Which of the following is an example of innovation resources and capabilities of a firm? 

The value chain exclusively deals with a firm's primary activities.

According to the VRIO framework,a firm with an organized,valuable,rare,but imitable resources and capabilities will display a(n) _____ performance.

Give three examples of intangible resources and capabilities that a firm could possess.

Original equipment manufacturers are firms that design,manufacture,and market branded products.

The process of outsourcing to a domestic firm is known as captive sourcing.

_____ includes setting up subsidiaries abroad so that the work done is in-house but the location is foreign.

Commoditization is the point at which an activity becomes proprietary or firm-specific.

The institution-based view deals with the ____ in the SWOT analysis.

Briefly explain outsourcing and its different types.

Captive sourcing is also known as _____.

Illustrate with examples the difference between OEMs,ODMs,and OBMs.

Which of the following is true of OEMs? 

The perceptions of product quality,durability,and reliability are an example of _______ resources and capabilities.

The ability to raise external capital is an example of a firm's _____.