Exam 3: Assessing the Internal Environment of the Firm

_____ are associated with collecting,storing,and distributing the product or service to buyers.They consist of warehousing,material handling,delivery operation,order processing,and scheduling.

(Multiple Choice)

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Question 21

What are some of the key strengths and limitations of SWOT analysis?

(Essay)

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Question 22

What are the key advantages of value chain analysis over SWOT analysis?

(Essay)

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Question 23

In assessing its primary activities,an airline would examine

(Multiple Choice)

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Question 24

In value chain analysis,general management is considered part of a firm's infrastructure.

(True/False)

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Question 25

Human resource management consists of activities involved in the recruiting,hiring,training,development,and compensation of all types of personnel.It

(Multiple Choice)

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Question 26

Assessment of a firm's primary activities should include analysis of all of the following except

(Multiple Choice)

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Question 27

The resource-based view (RBV)of the firm combines two perspectives

(Multiple Choice)

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Question 28

Which of the following would be most difficult to assess?

(Multiple Choice)

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Question 29

Managers should focus their attention on interrelationships among value chain activities within the firm-not on relationships among activities within the firm and other organizations (such as suppliers and customers).

(True/False)

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Question 30

An increase in profits indicates an improvement in cash flow.

(True/False)

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Question 31

A firm's intangible resources refer to its capacity to deploy tangible resources over time and leverage those resources effectively.

(True/False)

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Question 32

An important implication of the "balance scorecard" approach is that

(Multiple Choice)

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Question 33

Performing a value chain analysis provides a complete assessment of the firm's strengths and weaknesses.

(True/False)

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Question 34

A crash R&D program by one firm cannot replicate a successful technology developed by another firm when research findings cumulate.This is an example of

(Multiple Choice)

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Question 35

For a resource to provide a firm with potential sustainable advantages it must satisfy only two criteria: rareness and difficulty in substitution.

(True/False)

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Question 36

_____ are the competencies or skills that a firm employs to transform inputs into outputs.

(Multiple Choice)

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Question 37

Technology development is a much broader concept than research and development.

(True/False)

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Question 38

According to value chain analysis,which of the following would be considered part of a firm's infrastructure?

(Multiple Choice)

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Question 39

The value chain concept assumes that both primary and support activities are capable of producing value for customers.

(True/False)

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Question 40

Showing 21 - 40 of 67

_____ are associated with collecting,storing,and distributing the product or service to buyers.They consist of warehousing,material handling,delivery operation,order processing,and scheduling.

What are some of the key strengths and limitations of SWOT analysis?

What are the key advantages of value chain analysis over SWOT analysis?

In assessing its primary activities,an airline would examine

In value chain analysis,general management is considered part of a firm's infrastructure.

Human resource management consists of activities involved in the recruiting,hiring,training,development,and compensation of all types of personnel.It

Assessment of a firm's primary activities should include analysis of all of the following except

The resource-based view (RBV)of the firm combines two perspectives

Which of the following would be most difficult to assess?

Managers should focus their attention on interrelationships among value chain activities within the firm-not on relationships among activities within the firm and other organizations (such as suppliers and customers).

An increase in profits indicates an improvement in cash flow.

A firm's intangible resources refer to its capacity to deploy tangible resources over time and leverage those resources effectively.

An important implication of the "balance scorecard" approach is that

Performing a value chain analysis provides a complete assessment of the firm's strengths and weaknesses.

A crash R&D program by one firm cannot replicate a successful technology developed by another firm when research findings cumulate.This is an example of

For a resource to provide a firm with potential sustainable advantages it must satisfy only two criteria: rareness and difficulty in substitution.

_____ are the competencies or skills that a firm employs to transform inputs into outputs.

Technology development is a much broader concept than research and development.

According to value chain analysis,which of the following would be considered part of a firm's infrastructure?

The value chain concept assumes that both primary and support activities are capable of producing value for customers.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

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