Exam 4: Internal Analysis: Resources, Capabilities, and Activities

Amazon is known for superior IT systems and customer service.UPS provides superior supply chain management services at low cost.Both Amazon and UPS have leveraged their _______________ which has led to competitive advantages for both firms.

(Multiple Choice)

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Question 61

One of the strategic goals of management is to develop a resource base that is primarily:

(Multiple Choice)

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Question 62

Firm resources such as intellectual property and brand equity are important to a firm because:

(Multiple Choice)

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Question 63

According to Michael Porter,when it comes to a firm's value chain activities and the essence of strategy a firm should ask itself:

(Multiple Choice)

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Question 64

What is the difference between primary and support activities in the value chain framework?

(Essay)

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Question 65

Core competencies are important to a firm because of all of the following EXCEPT:

(Multiple Choice)

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Question 66

Which of the following is NOT a condition that can help a firm to sustain its competitive advantage?

(Multiple Choice)

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Question 67

What is the difference between a tangible resource and an intangible resource?

(Essay)

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Question 68

Under the SWOT analysis framework,factors that are external to the organization are more threatening to firm performance than are factors that are internal to the organization.

(True/False)

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Question 69

Value-creating activities need to be upgraded by managers periodically in order for strategic activity systems to be responsive to changing environments.

(True/False)

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Question 70

The Strategy Highlight 4.1 points out that Nintendo became the market leader of game consoles and was able to gain market leadership over Sony and Microsoft based on its knowledge of the casual gamer.This deep understanding,derived over many years,has enabled Nintendo to develop games that respond to customer preferences.Nintendo's knowledge of its customer is currently a(n):

(Multiple Choice)

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Question 71

One attribute of the VRIO framework is relevant to the organization rather than the resources.Briefly describe this element of the framework and why it is important.

(Essay)

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Question 72

Which of the following is a question that managers must ask concerning internal firm factors when conducting a SWOT analysis?

(Multiple Choice)

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Question 73

What explanation does the chapter opener provide for the downfall of Circuit City?

(Essay)

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Question 74

A firm's dynamic capabilities can actually create changes in the market in which it competes.

(True/False)

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Question 75

Currently,lean manufacturing is a _ but _____ resource which leads to competitive parity.

(Multiple Choice)

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Question 76

All of the following are true concerning the importance of dynamic capabilities to a firm EXCEPT:

(Multiple Choice)

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Question 77

One assumption made under the resource-based model is that resources do not move easily from firm to firm.

(True/False)

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Question 78

Core competencies are built through the interplay of several firm attributes.These attributes include a firm's:

(Multiple Choice)

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Question 79

Which SWOT factors below are generated from internal resources,capabilities and competencies?

(Multiple Choice)

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Question 80

Showing 61 - 80 of 102

Amazon is known for superior IT systems and customer service.UPS provides superior supply chain management services at low cost.Both Amazon and UPS have leveraged their _______________ which has led to competitive advantages for both firms.

One of the strategic goals of management is to develop a resource base that is primarily:

Firm resources such as intellectual property and brand equity are important to a firm because:

According to Michael Porter,when it comes to a firm's value chain activities and the essence of strategy a firm should ask itself:

What is the difference between primary and support activities in the value chain framework?

Core competencies are important to a firm because of all of the following EXCEPT:

Which of the following is NOT a condition that can help a firm to sustain its competitive advantage?

What is the difference between a tangible resource and an intangible resource?

Under the SWOT analysis framework,factors that are external to the organization are more threatening to firm performance than are factors that are internal to the organization.

Value-creating activities need to be upgraded by managers periodically in order for strategic activity systems to be responsive to changing environments.

One attribute of the VRIO framework is relevant to the organization rather than the resources.Briefly describe this element of the framework and why it is important.

Which of the following is a question that managers must ask concerning internal firm factors when conducting a SWOT analysis?

What explanation does the chapter opener provide for the downfall of Circuit City?

A firm's dynamic capabilities can actually create changes in the market in which it competes.

Currently,lean manufacturing is a _ but _____ resource which leads to competitive parity.

All of the following are true concerning the importance of dynamic capabilities to a firm EXCEPT:

One assumption made under the resource-based model is that resources do not move easily from firm to firm.

Core competencies are built through the interplay of several firm attributes.These attributes include a firm's:

Which SWOT factors below are generated from internal resources,capabilities and competencies?

What Is Strategy and Why Is It Important

The Strategic Management Process

External Analysis: Industry Structure, Competitive Forces, and Strategic Groups

Competitive Advantage and Firm Performance

Business Strategy: Differentiation, Cost Leadership, and Integration

Business Strategy: Innovation and Strategic Entrepreneurship

Corporate Strategy: Vertical Integration and Diversification

Corporate Strategy: Acquisitions, Alliances, and Networks

Global Strategy: Competing Around the World

Organizational Design: Structure, Culture, and Control

Corporate Governance, Business Ethics, and Strategic Leadership

Filters

Exam 4: Internal Analysis: Resources, Capabilities, and Activities

Amazon is known for superior IT systems and customer service.UPS provides superior supply chain management services at low cost.Both Amazon and UPS have leveraged their _______________ which has led to competitive advantages for both firms.

One of the strategic goals of management is to develop a resource base that is primarily:

Firm resources such as intellectual property and brand equity are important to a firm because:

According to Michael Porter,when it comes to a firm's value chain activities and the essence of strategy a firm should ask itself:

What is the difference between primary and support activities in the value chain framework?

Core competencies are important to a firm because of all of the following EXCEPT:

Which of the following is NOT a condition that can help a firm to sustain its competitive advantage?

What is the difference between a tangible resource and an intangible resource?

Under the SWOT analysis framework,factors that are external to the organization are more threatening to firm performance than are factors that are internal to the organization.

Value-creating activities need to be upgraded by managers periodically in order for strategic activity systems to be responsive to changing environments.

One attribute of the VRIO framework is relevant to the organization rather than the resources.Briefly describe this element of the framework and why it is important.

Which of the following is a question that managers must ask concerning internal firm factors when conducting a SWOT analysis?

What explanation does the chapter opener provide for the downfall of Circuit City?

A firm's dynamic capabilities can actually create changes in the market in which it competes.

Currently,lean manufacturing is a _________ but _____________ resource which leads to competitive parity.

All of the following are true concerning the importance of dynamic capabilities to a firm EXCEPT:

One assumption made under the resource-based model is that resources do not move easily from firm to firm.

Core competencies are built through the interplay of several firm attributes.These attributes include a firm's:

Which SWOT factors below are generated from internal resources,capabilities and competencies?

What Is Strategy and Why Is It Important

The Strategic Management Process

External Analysis: Industry Structure, Competitive Forces, and Strategic Groups

Competitive Advantage and Firm Performance

Business Strategy: Differentiation, Cost Leadership, and Integration

Business Strategy: Innovation and Strategic Entrepreneurship

Corporate Strategy: Vertical Integration and Diversification

Corporate Strategy: Acquisitions, Alliances, and Networks

Global Strategy: Competing Around the World

Organizational Design: Structure, Culture, and Control

Corporate Governance, Business Ethics, and Strategic Leadership

Filters

Currently,lean manufacturing is a _ but _____ resource which leads to competitive parity.