Exam 6: Resource Analysis

The core skills of an organization represent

The Dow Chemical company is the leader in the low-cost production of commodity chemicals. Dow's ability to execute this is observed as a

A firm's value chain of activities is sometimes referred to as

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

Resources provide an organization with the potential to act.

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

Unique historical conditions can give an organization a competitive advantage.

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

The purpose of evaluating the strategy-resources linkage is to test for

A firm's logistics capability is an example of an operational resource.

In a rapidly changing environment, organizations need resources that are

Supplier relationships, logistics reliability and efficiency, and quality reputation are examples of the following resource category:

Path-dependency refers to resources that arise from a

A resource analysis by resource category considers such elements as the

Leveraging current resources is an example of horizontal diversification.

The scope of a firm is traditionally defined by its

Competitive advantages that are not intuitively obvious are an example of

Resource durability is sometimes associated with a

When an organization is in crisis, it is sometimes easier to advance riskier proposals.

Interconnected organizational capabilities are seldom sources of competitive advantage.