Exam 4: Evaluating a Companys Resources, Capabilities, and Competitiveness

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For a particular company resource/capability to have real competitive power and perhaps qualify as a basis for competitive advantage,it should:

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In doing SWOT analysis,which of the following is NOT an example of a potential resource weakness or competitive deficiency that a company may have?

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The most difficult part of benchmarking is:

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What is meant by the term "best practices"? Why does it matter whether a company utilizes "best practices" in performing the activities comprising its value chain?

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Which of the following is NOT one of the six questions that comprise the task of evaluating a company's resources and competitive position?

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A company's competitive strength scores pinpoint its strengths and weaknesses against rivals and:

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A company's resources and capabilities represent:

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Resource and capability analysis is designed to:

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A company that has competitive assets that are central to its company strategy and superior to those of rival firms creates a:

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Which of the following is NOT something that can be gleaned from a company's SWOT?

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Understanding where the company is competitive requires:

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One of the most telling signs of whether a company's market position is strong or precarious is:

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A company's value-creating activities can offer a competitive advantage in one of two ways:

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Identifying and assessing a company's resource strengths and weaknesses and its external opportunities and threats is called:

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SWOT analysis is a simple but powerful tool for:

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The three main areas in the value chain where significant differences in the costs of competing firms can occur include:

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Obtaining cost information is a primary difficulty associated with benchmarking.The following are typical sources for collecting information,EXCEPT:

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The BEST example of a company resource is:

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Calculating competitive strength ratings for a company and comparing them against strength ratings for its key competitors helps indicate:

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The difference between a core competence and a distinctive competence is that:

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