Exam 6: Resource Analysis

An acquisition could be a mechanism for addressing a resource gap.

Resources that are easy to imitate or readily substitutable give the organization a competitive advantage.

Resources that can be used by the organization to address an environmental threat are

Resource durability is sometimes associated with a

Opportunities and threats emerge from a scan of the internal environment.

Resources considered to be valuable give the organization a sustainable competitive advantage.

Distinctive competencies are activities an organization

One of the elements taken into consideration when conducting a resource analysis by strategy component is

A resource-pushed strategy is one that

Core competencies give an organization the opportunity to compete on the basis of its

Strategic proposals that fit well with the environment and available resources are further evaluated based on

Diversification can be defined as an organization's ability to

Testing the strategy-resource linkage identifies what the organization needs to do to compete.

The value of a resource depends on the context in which it is intended to be used.

Competitive advantages that are not intuitively obvious are an example of

In a rapidly changing environment, organizations need resources that are

The core skills of an organization represent

Failure to implement a strategic proposal may result in penalties such as loss of market position.

The scope of a firm is traditionally defined by its

Resources can drive strategy, but they seldom constrain strategy.