Exam 4: Internal Analysis: Resources, Capabilities, and Core Competencies

GN Corp.and BC Inc.are two competing firms in the same industry.GN Corp.'s tangible assets are valued at $15 billion and its intangible assets are valued at $35 billion.BC Inc.'s tangible assets are valued at $5 billion and its intangible assets are valued at $45 billion.What can be concluded from this information?

The "Gold Crisps" potato wafers manufactured by True Foods Inc.have been the highest selling wafers in the market.Though the market for wafers is flooded with competitors, True Foods Inc.has been able to maintain its market position for a long time.This is mainly attributed to the unique taste of the wafers that comes from the unique natural flavoring used by the company.This competency of True Foods Inc.will be considered as a(n)_____ resource in the VRIO framework.

The share price of Groupon, a daily-deal website, fell by 90 percent just a year after its successful initial public offering.The firm was not able to sustain its competitive advantage because of the emergence of other daily-deal sites that were able to better serve the needs of local markets and specific population groups.Which of the following is the most accurate inference from this example?

Vior Systems Inc.took many decades to build its core competencies, and these competencies were based primarily on the decisions made by the company's top management in the past.This process is called:

Which of the following is an example of a firm's intangible resources?

True Sync Inc.is a software company, which has built and acquired numerous assets over the years.According to the resource-based view of a firm, which of the following assets of True Sync Inc.will best enable it to gain and sustain a competitive advantage?

It is difficult even for Apple's managers to pinpoint the underlying cause of the company's phenomenal success.The term that best applies to this difficulty is known as _____.

List the four isolating mechanisms that act as barriers to imitation.

Which of the following is an implication of high employee turnover in a company?

Due to path dependence:

Amazon.com's ability to provide the largest selection of items online, combined with superior IT systems and customer service, can be referred to as its _____.

Provide examples of the primary activities in a firm's value chain.

Elaborate on the dynamic capabilities perspective of competitive advantage.

Explain the value chain perspective of a firm's competitive advantage.

If Finolo and Ethver, companies that manufacture televisions, develop the same customer knowledge base and create products that provide the same customer appeal as Invoro, a market leader in consumer electronics, then:

In the context of SWOT analysis, distinguish the factors that are internal to an organization from the factors that are external to it.

List two ways by which a firm's valuable and rare resources can be imitated.

Explain the SWOT analysis.

How does causal ambiguity act as an isolating mechanism for organizations?

Nike has come a long way from its humble beginnings.It has been able to outperform adidas in sales and become the undisputed leader in the athletic shoe and apparel industry.Which of the following statements accurately explains one of the main reasons for Nike's success?