Question 1

Which of the following support activities corresponds to a firm's primary activity of final assembly?

Accepted Answer

A)  Technology development 
B)  Human resources 
C)  Infrastructure 
D)  Logistics 
A)  Technology development 
B)  Human resources 
C)  Infrastructure 
D)  Logistics

Question 2

An original equipment manufacturer refers a firm that _____.

Accepted Answer

A)  executes design blueprints provided by other firms and manufactures such products 
B)  both designs and manufactures products 
C)  designs, manufactures, and markets branded products 
D)  licenses its patented inventions to other firms for manufacturing 
A)  executes design blueprints provided by other firms and manufactures such products 
B)  both designs and manufactures products 
C)  designs, manufactures, and markets branded products 
D)  licenses its patented inventions to other firms for manufacturing

Question 3

Which of the following is an example of a firm's technological resources and capabilities?

Accepted Answer

A)  Location of plants, offices, and equipment 
B)  Managerial talents of employees 
C)  Possession of patents, trademarks, copyrights, and trade secrets 
D)  Reputation of employees as socially responsible citizens 
A)  Location of plants, offices, and equipment 
B)  Managerial talents of employees 
C)  Possession of patents, trademarks, copyrights, and trade secrets 
D)  Reputation of employees as socially responsible citizens

Question 4

Which of the following is true of OEMs?

Accepted Answer

A)  It includes research and development in its value chain. 
B)  It does not include procurement of components in its value chain. 
C)  It does not include marketing in its value chain. 
D)  It does not include final assembly in its value chain. 
A)  It includes research and development in its value chain. 
B)  It does not include procurement of components in its value chain. 
C)  It does not include marketing in its value chain. 
D)  It does not include final assembly in its value chain.

Question 5

Which of the following activities is achieved within the domestic location of a firm?

Accepted Answer

A)  Offshoring 
B)  FDI 
C)  Captive sourcing 
D)  Onshoring 
A)  Offshoring 
B)  FDI 
C)  Captive sourcing 
D)  Onshoring

Question 6

Which of the following firms is most likely to have a sustained competitive advantage based on the VRIO framework?

Accepted Answer

A)  A firm with valuable but common resources and capabilities 
B)  A firm with valuable and rare but imitable resources and capabilities 
C)  A firm with valuable, rare, inimitable resources, and organizationally capabilities 
D)  A firm with non-value-adding resources and capabilities 
A)  A firm with valuable but common resources and capabilities 
B)  A firm with valuable and rare but imitable resources and capabilities 
C)  A firm with valuable, rare, inimitable resources, and organizationally capabilities 
D)  A firm with non-value-adding resources and capabilities

Question 7

Explain the different categories of intangible resources and capabilities that a firm could possess.

Accepted Answer

Human resources and capabilities: This r

Question 8

Captive sourcing is also known as foreign direct investment (FDI).

Accepted Answer

A) True 
 B)False

Question 9

An original equipment manufacturer does not include marketing in its value chain activities.

Accepted Answer

A) True 
 B)False

Question 10

Onshoring is the process of turning over an organizational activity to a foreign supplier that will perform it on behalf of the focal firm.

Accepted Answer

A) True 
 B)False

Question 11

_____ is an examination as to whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors.

Accepted Answer

A)  Commoditization 
B)  Performance appraisal 
C)  Asset appraisal 
D)  Benchmarking 
A)  Commoditization 
B)  Performance appraisal 
C)  Asset appraisal 
D)  Benchmarking

Question 12

An ODM is similar to an OBM in that both _____.

Accepted Answer

A)  execute design blueprints provided by other firms 
B)  include product marketing in their organizational boundary 
C)  exclude manufacturing in their organizational boundary 
D)  design and manufacture their own products 
A)  execute design blueprints provided by other firms 
B)  include product marketing in their organizational boundary 
C)  exclude manufacturing in their organizational boundary 
D)  design and manufacture their own products

Question 13

A SWOT analysis deals with a firm's external S (strengths)and W (weakness),and internal O (opportunities)and T (threats).

Accepted Answer

A) True 
 B)False

Question 14

Including _____ into its organizational boundaries would convert an OEM into an ODM.

Accepted Answer

A)  research and development 
B)  components 
C)  final assembly 
D)  marketing 
A)  research and development 
B)  components 
C)  final assembly 
D)  marketing

Question 15

In global business,the institution-based view deals with internal strengths and weaknesses.

Accepted Answer

A) True 
 B)False

Question 16

Original equipment manufacturers are firms that design,manufacture,and market branded products.

Accepted Answer

A) True 
 B)False

Question 17

A firm's reputational resources are an example of its tangible resources and capabilities.

Accepted Answer

A) True 
 B)False

Question 18

The institution-based view deals with the ____ in the SWOT analysis.

Accepted Answer

A)  external strengths and weaknesses 
B)  internal weaknesses and opportunities 
C)  external opportunities and threats 
D)  internal strengths and threats 
A)  external strengths and weaknesses 
B)  internal weaknesses and opportunities 
C)  external opportunities and threats 
D)  internal strengths and threats

Question 19

The value chain exclusively deals with a firm's primary activities.

Accepted Answer

A) True 
 B)False

Question 20

Activities with high levels of commoditization should be performed in-house to increase competitiveness.

Accepted Answer

A) True 
 B)False

Which of the following support activities corresponds to a firm's primary activity of final assembly?

An original equipment manufacturer refers a firm that _____.

Which of the following is an example of a firm's technological resources and capabilities?

Which of the following is true of OEMs?

Which of the following activities is achieved within the domestic location of a firm?

Which of the following firms is most likely to have a sustained competitive advantage based on the VRIO framework?

Explain the different categories of intangible resources and capabilities that a firm could possess.

Captive sourcing is also known as foreign direct investment (FDI).

An original equipment manufacturer does not include marketing in its value chain activities.

Onshoring is the process of turning over an organizational activity to a foreign supplier that will perform it on behalf of the focal firm.

_____ is an examination as to whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors.

An ODM is similar to an OBM in that both _____.

A SWOT analysis deals with a firm's external S (strengths)and W (weakness),and internal O (opportunities)and T (threats).

Including _____ into its organizational boundaries would convert an OEM into an ODM.

In global business,the institution-based view deals with internal strengths and weaknesses.

Original equipment manufacturers are firms that design,manufacture,and market branded products.

A firm's reputational resources are an example of its tangible resources and capabilities.

The institution-based view deals with the ____ in the SWOT analysis.

The value chain exclusively deals with a firm's primary activities.

Activities with high levels of commoditization should be performed in-house to increase competitiveness.

Globalizing Business

Understanding Formal Institutions: Politics, Laws, and Economics

Emphasizing Informal Institutions: Cultures, Ethics, and Norms

Trading Internationally

Investing Abroad Directly

Dealing with Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing,Structuring,and Learning around the World

Competing on Marketing and Supply Chain Management

Managing Human Resources Globally

Financing and Governing the Corporation Globally

Managing Corporate Social Responsibility Globally

Filters

Exam 4: Leveraging Resources and Capabilities

Which of the following support activities corresponds to a firm's primary activity of final assembly?

An original equipment manufacturer refers a firm that _____.

Which of the following is an example of a firm's technological resources and capabilities?

Which of the following is true of OEMs?

Which of the following activities is achieved within the domestic location of a firm?

Which of the following firms is most likely to have a sustained competitive advantage based on the VRIO framework?

Explain the different categories of intangible resources and capabilities that a firm could possess.

Captive sourcing is also known as foreign direct investment (FDI).

An original equipment manufacturer does not include marketing in its value chain activities.

Onshoring is the process of turning over an organizational activity to a foreign supplier that will perform it on behalf of the focal firm.

_____ is an examination as to whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors.

An ODM is similar to an OBM in that both _____.

A SWOT analysis deals with a firm's external S (strengths)and W (weakness),and internal O (opportunities)and T (threats).

Including _____ into its organizational boundaries would convert an OEM into an ODM.

In global business,the institution-based view deals with internal strengths and weaknesses.

Original equipment manufacturers are firms that design,manufacture,and market branded products.

A firm's reputational resources are an example of its tangible resources and capabilities.

The institution-based view deals with the ____ in the SWOT analysis.

The value chain exclusively deals with a firm's primary activities.

Activities with high levels of commoditization should be performed in-house to increase competitiveness.

Globalizing Business

Understanding Formal Institutions: Politics, Laws, and Economics

Emphasizing Informal Institutions: Cultures, Ethics, and Norms

Trading Internationally

Investing Abroad Directly

Dealing with Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing,Structuring,and Learning around the World

Competing on Marketing and Supply Chain Management

Managing Human Resources Globally

Financing and Governing the Corporation Globally

Managing Corporate Social Responsibility Globally

Filters