Question 1

The speed with which other firms can understand the relationship of resources and capabilities supporting a successful firm's strategy is called

Accepted Answer

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

Question 2

The corporate culture generally reflects the values of the founder(s)and the mission of the firm.

Accepted Answer

A) True 
 B)False

Question 3

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 4

When a company determines that a competency provides a competitive advantage, Barney refers to this issue as

Accepted Answer

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

Question 5

Discuss the three basic organizational structures.

Accepted Answer

The three basic organizational structure

Question 6

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

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 7

The mix in the workplace of people from different races, cultures, and backgrounds is referred to as

Accepted Answer

A)  demographics. 
B)  human diversity. 
C)  quality of work life. 
D)  globalization. 
E)  internationalization. 
A)  demographics. 
B)  human diversity. 
C)  quality of work life. 
D)  globalization. 
E)  internationalization.

Question 8

The term that describes putting once isolated specialists together to work and compare notes in a collective product design effort is called

Accepted Answer

A)  simultaneous strategy. 
B)  participatory planning. 
C)  jointly designed objectives. 
D)  concurrent engineering. 
E)  cooperative design. 
A)  simultaneous strategy. 
B)  participatory planning. 
C)  jointly designed objectives. 
D)  concurrent engineering. 
E)  cooperative design.

Question 9

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 10

On the continuum of resource sustainability, where would streaming movies be placed?

Accepted Answer

A)  slow-cycle resources 
B)  sustainable resources 
C)  standard-cycle resources 
D)  fast-cycle resources 
E)  down-cycle resources 
A)  slow-cycle resources 
B)  sustainable resources 
C)  standard-cycle resources 
D)  fast-cycle resources 
E)  down-cycle resources

Question 11

The PRIMARY task of the manager of information systems is to

Accepted Answer

A)  prevent unlawful usage of the information from the system. 
B)  make sure the information contained in the system is up-to-date and accurate. 
C)  monitor the input of information into the information system. 
D)  design and manage the flow of information in a corporation to improve productivity and decision making. 
E)  ensure that only those who have authorized permission have access to the information system. 
A)  prevent unlawful usage of the information from the system. 
B)  make sure the information contained in the system is up-to-date and accurate. 
C)  monitor the input of information into the information system. 
D)  design and manage the flow of information in a corporation to improve productivity and decision making. 
E)  ensure that only those who have authorized permission have access to the information system.

Question 12

Which of the following is NOT one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?

Accepted Answer

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

Question 13

Distinguish between continuous and intermittent manufacturing systems providing examples of each.

Accepted Answer

Manufacturing can be intermittent or con

Question 14

When scientists concentrate on quality control and the development of design specifications and improved production equipment, it is referred to as

Accepted Answer

A)  basic R&D. 
B)  product R&D. 
C)  engineering R&D. 
D)  life cycle R&D. 
E)  R&D mix. 
A)  basic R&D. 
B)  product R&D. 
C)  engineering R&D. 
D)  life cycle R&D. 
E)  R&D mix.

Question 15

Describe Barney's VRIO framework.

Accepted Answer

Barney, in his VRIO framework of analysi

Question 16

The EFAS Table is one way to organize the internal factors into generally accepted categories of strengths and weaknesses as well as to analyze how well a particular company's management is responding to these specific factors in light of the perceived importance of these factors to the company.

Accepted Answer

A) True 
 B)False

Question 17

A graph showing time plotted against the dollar sales of a product as it moves from introduction through growth and maturity to decline is called the

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 18

Discuss the two characteristics that determine the sustainability of a firm's distinctive competency.

Accepted Answer

Two characteristics determine the sustai

Question 19

The particular combination of product, place, promotion, and price is called

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 20

The breadth of an organization's culture is also known as

Accepted Answer

A)  cultural intensity. 
B)  cultural diversification. 
C)  cultural integration. 
D)  cultural strategy. 
E)  cultural prerogative. 
A)  cultural intensity. 
B)  cultural diversification. 
C)  cultural integration. 
D)  cultural strategy. 
E)  cultural prerogative.

The speed with which other firms can understand the relationship of resources and capabilities supporting a successful firm's strategy is called

The corporate culture generally reflects the values of the founder(s)and the mission of the firm.

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?

When a company determines that a competency provides a competitive advantage, Barney refers to this issue as

Discuss the three basic organizational structures.

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

The mix in the workplace of people from different races, cultures, and backgrounds is referred to as

The term that describes putting once isolated specialists together to work and compare notes in a collective product design effort is called

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

On the continuum of resource sustainability, where would streaming movies be placed?

The PRIMARY task of the manager of information systems is to

Which of the following is NOT one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?

Distinguish between continuous and intermittent manufacturing systems providing examples of each.

When scientists concentrate on quality control and the development of design specifications and improved production equipment, it is referred to as

Describe Barney's VRIO framework.

The EFAS Table is one way to organize the internal factors into generally accepted categories of strengths and weaknesses as well as to analyze how well a particular company's management is responding to these specific factors in light of the perceived importance of these factors to the company.

A graph showing time plotted against the dollar sales of a product as it moves from introduction through growth and maturity to decline is called the

Discuss the two characteristics that determine the sustainability of a firm's distinctive competency.

The particular combination of product, place, promotion, and price is called

The breadth of an organization's culture is also known as

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

The speed with which other firms can understand the relationship of resources and capabilities supporting a successful firm's strategy is called

The corporate culture generally reflects the values of the founder(s)and the mission of the firm.

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?

When a company determines that a competency provides a competitive advantage, Barney refers to this issue as

Discuss the three basic organizational structures.

Knowledge that is not easily communicated because it is deeply rooted in employee experience or in a corporation's culture is called

The mix in the workplace of people from different races, cultures, and backgrounds is referred to as

The term that describes putting once isolated specialists together to work and compare notes in a collective product design effort is called

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

On the continuum of resource sustainability, where would streaming movies be placed?

The PRIMARY task of the manager of information systems is to

Which of the following is NOT one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?

Distinguish between continuous and intermittent manufacturing systems providing examples of each.

When scientists concentrate on quality control and the development of design specifications and improved production equipment, it is referred to as

Describe Barney's VRIO framework.

The EFAS Table is one way to organize the internal factors into generally accepted categories of strengths and weaknesses as well as to analyze how well a particular company's management is responding to these specific factors in light of the perceived importance of these factors to the company.

A graph showing time plotted against the dollar sales of a product as it moves from introduction through growth and maturity to decline is called the

Discuss the two characteristics that determine the sustainability of a firm's distinctive competency.

The particular combination of product, place, promotion, and price is called

The breadth of an organization's culture is also known as

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