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

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When a company performs a particular competitively important activity truly well in comparison to its competitors,it is said to have

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Identify the six questions that form the framework of evaluating a company's resources and competitive position.

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The six questions that form the framework of evaluating a company's resources and competitive position are:

1. What are the company's key resources and capabilities?
2. How do these resources and capabilities compare to those of competitors?
3. What are the company's competitive strengths and weaknesses?
4. What opportunities and threats exist in the external environment?
5. How well is the company positioned to take advantage of these opportunities and mitigate these threats?
6. What are the implications for the company's strategy and future success based on this evaluation?

A company lacking stand-alone resource strength should focus on bundling several resource strengths into a core competence.True or false? Explain and support your answer.

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To build a competitive advantage by out-managing rivals in performing value chain activities,a company must

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Which of the following is not one of the objectives of benchmarking?

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Which one of the following provides the most accurate picture of whether a company is cost competitive with its rivals?

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The options for remedying an internal cost disadvantage include

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Identifying the primary and secondary activities that comprise a company's value chain

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For a company to translate its performance of value chain activities into competitive advantage,it must

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A company's strategic options for remedying cost disadvantages in internally performed value chain activities do not include

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

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If a company doesn't possess stand alone resource strengths capable of contributing to competitive advantage,

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One of the lessons of SWOT analysis is that a company's strategy should

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Activity-based cost accounting aims at

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Assigning a weight to each measure of competitive strength assessment is generally analytically superior because

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Which one of the following is an accurate interpretation of the scores that result from doing a competitive strength assessment?

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What are the three parameters of conducting a SWOT analysis?

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The value chains of rival companies

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Which of the following is not an option for remedying a cost disadvantage associated with activities performed by forward channel allies (wholesale distributors and retail dealers)?

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A company's resource strengths are important because

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