Exam 4: Leveraging Resources and Capabilities

According to the VRIO framework,non-value-adding resources and capabilities will lead to _____ for a firm.

Firms that design,manufacture,and market distinguished products are called _____.

Product design is considered an upstream activity in the value chain.

The resource-based view is developed on the insight that competitors do not share certain resources and capabilities specific to one's firm.

An original equipment manufacturer refers to a firm that _____.

Which of the following primary activities of a firm corresponds to its support activity of infrastructure? 

The difficulty of identifying the causal determinants of successful firm performance is called _____.

Which of the following primary activities of a firm corresponds to its support activity of human resources? 

Offshoring refers to setting up subsidiaries in foreign locations to perform in-house work.

Which of the following firms is most likely to have a sustained competitive advantage based on the VRIO framework? 

BPO refers to the outsourcing of low-end manufacturing to third-party providers.

Which of the following value chain activities does an original equipment manufacturer perform? 

Give an account of the political argument against outsourcing practiced by US firms.

In global business,social complexity refers to the socially intricate and interdependent ways firms are typically organized.

A competitive advantage that is sustained implies that it is permanent.

Which of the following is considered as a tangible resource of a firm? 

Captive sourcing is also known as foreign direct investment (FDI).

Which of the following is an example of a firm's technological resources and capabilities? 

Tangible resources differ from intangible resources in that tangible resources are easier to imitate.

A firm's reputational resources are an example of its tangible resources and capabilities.