Exam 3: Internal Analysis: Strengths, Weaknesses, and Competitive Advantage

The customers,investors,and employees of Pisces Inc.are invariably satisfied with the services and culture of the company.Pisces Inc.has delivered on all its promises and has continued to create a sense of worth among its varied audiences.Which of the following terms best categorizes the elements of Pisces Inc.described in this scenario explaining?

Which of the following is true of a tangible resource?

The employees at Voyage Ink Corp.were asked to draw a chart that explains the elements which go into making one of their products.They were asked to create a diagram showing the different types of materials that help create the whole product.Which of the following are the employees at Voyage Ink Corp.creating in this scenario?

LittleHut Inc.,an international food company,has a number of resources to its credit.Over the years,the company has acquired factories,machinery,in-depth knowledge,and a stable reputation.The elements mentioned in this scenario can be best categorized as LittleHut Inc.'s _____.

Procedures,processes,and routines that continuously expand existing resources or improve operating capabilities most accurately define the term _____.

A media house wanted to report on the continued success of the software company,AlphaDigiPro Inc.The reporters decided to assess the company in two ways.They spoke to the top management employees and handed out questionnaires to other employees.The results of these data collection techniques helped the media house construct a good article.This scenario illustrates the use of _____.

Lynx Inc.,a startup firm,has been trying to sell its product to customers.However,the customers do not perceive any value in the product and neither do they find it unique in any way.Lynx Inc.also does not have proper systems and processes that can help in auditing and retaining the profits created by their employees.The company has drained its funds in the process,but it has not been able to successfully establish itself in the market.As a result,the firm has not been able to successful to its stakeholders.Ultimately,the board of directors at Lynx Inc.decides to shut it down completely.This scenario best exemplifies _____.

LuxeDrive Inc.is an automobile company with unmatched competition because it has certain qualifications and assets that set it apart from the rest of the companies selling similar products.These act as qualifications that rival companies find hard to configure and replicate.This scenario regarding LuxeDrive Inc.can be best categorized as an example of _____.

Value is usually created when:

Rize Inc.has been running efficiently as a real estate organization for 25 years.It has consistently provided customer satisfaction by maintaining a customer-friendly culture in the organization.Their competitors have not been able to replicate Rize's services.This has helped then generate and hold on to profits accrued by its vast and rare resource pool.This is an example of _____.