Question 1

Human resource management is a basic activity in the value chain.

Accepted Answer

A) True 
 B)False

Question 2

Support activities of the value chain include:

Accepted Answer

A) Internal operations management 
B) Transportation 
C) Direct sales 
D) Installation 
E) Information technology 
A) Internal operations management 
B) Transportation 
C) Direct sales 
D) Installation 
E) Information technology

Question 3

Support activities of the value chain include:

Accepted Answer

A) Human resources/compensation systems 
B) Physical location management 
C) Distribution management 
D) Marketing management 
E) Management of post-transaction contacts 
A) Human resources/compensation systems 
B) Physical location management 
C) Distribution management 
D) Marketing management 
E) Management of post-transaction contacts

Question 4

Which ratio measures a firm's liquidity?

Accepted Answer

A) Debt-to-equity 
B) Current 
C) Return-on-assets 
D) Asset turnover 
E) None of these 
A) Debt-to-equity 
B) Current 
C) Return-on-assets 
D) Asset turnover 
E) None of these

Question 5

An organization's human resources,physical resources,financial resources,knowledge and learning resources,and general organizational resources are highly interconnected.

Accepted Answer

A) True 
 B)False

Question 6

What are the basic categories of organizational resources and capabilities and how are they interconnected? What is likely to happen if a firm neglects one of the resource areas?

Accepted Answer

The basic categories of organizational r

Question 7

Basic activities of the value chain include:

Accepted Answer

A) Product/service R&D 
B) Information technology 
C) Marketing management 
D) Human resources/compensation systems 
E) Financial management 
A) Product/service R&D 
B) Information technology 
C) Marketing management 
D) Human resources/compensation systems 
E) Financial management

Question 8

Capabilities and resources have the potential to lead to competitive advantage if they are valuable and unique.

Accepted Answer

A) True 
 B)False

Question 9

General organizational resources include such things as:

Accepted Answer

A) Brands,culture,and an organization's reputation 
B) Financial assets 
C) Plants and equipment 
D) Knowledge and learning systems 
E) None of the above 
A) Brands,culture,and an organization's reputation 
B) Financial assets 
C) Plants and equipment 
D) Knowledge and learning systems 
E) None of the above

Question 10

Organizations that cluster near each other typically are at a competitive disadvantage relative to organizations that are not in clusters.

Accepted Answer

A) True 
 B)False

Question 11

With regards to the value chain,an organization can develop a competitive advantage:

Accepted Answer

A) In any of the basic or support activities 
B) In the way basic and support activities are combined 
C) In the way internal activities are linked to the external environment 
D) Through activities that create value for the customer 
E) All of these are ways to develop a competitive advantage 
A) In any of the basic or support activities 
B) In the way basic and support activities are combined 
C) In the way internal activities are linked to the external environment 
D) Through activities that create value for the customer 
E) All of these are ways to develop a competitive advantage

Question 12

Effective training programs can be a source of competitive advantage.

Accepted Answer

A) True 
 B)False

Question 13

What are the probable implications of a firm neglecting its knowledge and learning resources?

Accepted Answer

A) It will become weaker financially 
B) Its general organizational resources will become weaker 
C) Its physical resources will become weaker 
D) Its human resources will become weaker 
E) All of the above 
A) It will become weaker financially 
B) Its general organizational resources will become weaker 
C) Its physical resources will become weaker 
D) Its human resources will become weaker 
E) All of the above

Human resource management is a basic activity in the value chain.

Support activities of the value chain include:

Support activities of the value chain include:

Which ratio measures a firm's liquidity?

An organization's human resources,physical resources,financial resources,knowledge and learning resources,and general organizational resources are highly interconnected.

What are the basic categories of organizational resources and capabilities and how are they interconnected? What is likely to happen if a firm neglects one of the resource areas?

Basic activities of the value chain include:

Capabilities and resources have the potential to lead to competitive advantage if they are valuable and unique.

General organizational resources include such things as:

Organizations that cluster near each other typically are at a competitive disadvantage relative to organizations that are not in clusters.

With regards to the value chain,an organization can develop a competitive advantage:

Effective training programs can be a source of competitive advantage.

What are the probable implications of a firm neglecting its knowledge and learning resources?

The Strategic Management Process

The External Environment

Strategic Leadership and Strategic Direction

Business-Level Strategies

Corporate Strategies

Strategy Implementation

Strategic Control and Restructuring

Filters

Exam 3: Organizational Resources and Competitive Advantage

Human resource management is a basic activity in the value chain.

Support activities of the value chain include:

Support activities of the value chain include:

Which ratio measures a firm's liquidity?

An organization's human resources,physical resources,financial resources,knowledge and learning resources,and general organizational resources are highly interconnected.

What are the basic categories of organizational resources and capabilities and how are they interconnected? What is likely to happen if a firm neglects one of the resource areas?

Basic activities of the value chain include:

Capabilities and resources have the potential to lead to competitive advantage if they are valuable and unique.

General organizational resources include such things as:

Organizations that cluster near each other typically are at a competitive disadvantage relative to organizations that are not in clusters.

With regards to the value chain,an organization can develop a competitive advantage:

Effective training programs can be a source of competitive advantage.

What are the probable implications of a firm neglecting its knowledge and learning resources?

The Strategic Management Process

The External Environment

Strategic Leadership and Strategic Direction

Business-Level Strategies

Corporate Strategies

Strategy Implementation

Strategic Control and Restructuring

Filters