Exam 4: Evaluating a Companys Resources and Competitive Position

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

A company requires a dynamically evolving portfolio of resources and capabilities to

Which of the following is NOT accurate as concerns the task of identifying the strategic issues and problems that merit front-burner managerial attention?

In a weighted competitive strength assessment, the sum of importance weights should add up to

A resource of a firm is considered to be

A first-rate SWOT analysis

A company that lacks a stand-alone resource that is competitively powerful may attempt to develop a competitive advantage through

The two most important parts of SWOT analysis are

When a company has become proficient in modifying, upgrading, or deepening the company's resources and capabilities in response to its changing environment and market opportunities, it is called

Which one of the following is NOT an intangible resource?

The spotlight in analyzing a company's resources, internal circumstances, and competitiveness includes such questions/concerns as

Why do a company's core competencies matter in crafting strategy?

A company's resources and capabilities represent

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

Which one of the following is NOT something that can be learned from doing a competitive strength assessment?

Competitive strength can be determined by assigning measures based on perceived importance because

The four tests of a resource's competitive power are often referred to as the

What are the four tests that should be used to measure the competitive power of a company's resource strengths?

The means to enhance differentiation through activities at the forward end of the value chain system do NOT include

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?