Question 1

The attempt to hire brand managers away from P&G to learn how to duplicate the firm's brand management success is a competitor's attempt to address replicability.

Accepted Answer

A) True 
 B)False

Question 2

A corporation's ability to exploit its resources is referred to as its

Accepted Answer

A)  business expertise. 
B)  capabilities. 
C)  core competencies. 
D)  critical success factors. 
E)  key performance factors.

Question 3

Which of the following statements is not true concerning a corporate reputation?

Accepted Answer

A)  It is a widely held perception of a company by the general public. 
B)  A good corporate reputation can be a strategic resource. 
C)  There is a positive relationship between corporate reputation and financial performance. 
D)  Reputation tends to be long lasting and hard for others to duplicate. 
E)  Research shows no positive relationship between corporate reputation and financial performance.

Question 4

A current trend in corporate information systems is the increasing use of the Internet for marketing, intranets for internal communication, and extranets for logistics and distribution.

Accepted Answer

A) True 
 B)False

Question 5

A value chain is a linked set of value-creating activities.

Accepted Answer

A) True 
 B)False

Question 6

What is R&D intensity?

Accepted Answer

The answer of What is R&D intensity?...

Question 7

Flexible manufacturing permits the low-volume output of custom-tailored products at relatively low unit costs through economies of scope.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following describes a typical functional structure?

Accepted Answer

A)  Employees tend to be specialists in the business functions important to that industry such as manufacturing, marketing, finance, and human resources. 
B)  This is most appropriate for large corporations with many product lines in several related industries, with employees acting as specialists attempting to gain synergy among divisional activities. 
C)  This is most appropriate for small, entrepreneur-dominated companies with one or two product lines that operate in a small niche market, with employees acting as jack-of-all trades. 
D)  Employees have two or more superiors, a project manager and a functional manager. 
E)  This is most appropriate for large corporations with many product lines in several unrelated industries, with employees acting as specialists but with no attempt at gaining synergy among the divisions.

Question 9

A winemaker in California finds it difficult to duplicate a French winery's key resources of land and climate. This is an example of

Accepted Answer

A)  transferability. 
B)  transparency. 
C)  replicability. 
D)  tacit knowledge. 
E)  explicit knowledge.

Question 10

An example of an intermittent manufacturing system is an auto body repair shop.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements is true concerning clusters?

Accepted Answer

A)  The desire to build or upgrade a core competency is one reason why entrepreneurial and other fast-growing firms often tend to locate close to their competitors. 
B)  Clusters are geographically dispersed companies operating within the same industry. 
C)  The United States does not have any clusters; they are all located in Europe. 
D)  According to Porter, clusters provide barriers to the access of employees, suppliers, and specialized information. 
E)  Employees from competitive firms in a cluster are not permitted to socialize with one another.

Question 12

When employees across the organization hold the same cultural values and norms, this demonstrates a high level of cultural integration.

Accepted Answer

A) True 
 B)False

Question 13

Define a value chain and the significance of the center of gravity.

Accepted Answer

The answer of Define a value chain and the significance...

Question 14

A functional structure is appropriate for a medium-sized firm with several product lines in one industry.

Accepted Answer

A) True 
 B)False

Question 15

The ability of competitors to use duplicated resources and capabilities to imitate the other firm's success is called

Accepted Answer

A)  imitability. 
B)  durability. 
C)  transferability. 
D)  transparency. 
E)  replicability.

Question 16

An automobile assembly line is an example of which approach to manufacturing?

Accepted Answer

A)  continuous system 
B)  debt capacity 
C)  sequential processing 
D)  job shop 
E)  intermittent system

Question 17

Which one of the following best describes a divisional structure?

Accepted Answer

A)  Work is divided into subunits on the basis of such functions as manufacturing, marketing, finance, and human resources. 
B)  This is most appropriate for large corporations with many product lines in several related industries, with employees acting as functional specialists attempting to gain synergy among divisional activities. 
C)  This is most appropriate for small, entrepreneur-dominated companies with one or two product lines that operate in a small niche market, with employees acting as jack-of-all trades. 
D)  Employees have two or more superiors, a project manager and a functional manager. 
E)  This is most appropriate for large corporations with many product lines in several unrelated industries, with employees acting as functional specialists but with no attempt at gaining synergy among the divisions.

Question 18

When a company determines that a competency provides a competitive advantage, Barney refers to this issue as

Accepted Answer

A)  value. 
B)  rareness. 
C)  imitability. 
D)  organization. 
E)  durability.

Question 19

A linked set of value-creating activities beginning with basic materials provided by suppliers and ending with distributors getting the final product into the hands of the ultimate consumer is called a

Accepted Answer

A)  value chain. 
B)  continuum of sustainability. 
C)  strategic capability. 
D)  fully integrated activity set. 
E)  strategic group.

Question 20

Which of the following is not a function of corporate culture?

Accepted Answer

A)  conveys a sense of identity for employees 
B)  adds to the stability of the organization as a social system 
C)  helps generate employee commitment to something greater than themselves 
D)  keeps people guessing about what to do next 
E)  serves as a frame of reference for employees to use as a guide for appropriate behavior

Exam 5: Organizational Analysis and Competitive Advantage

The attempt to hire brand managers away from P&G to learn how to duplicate the firm's brand management success is a competitor's attempt to address replicability.

A corporation's ability to exploit its resources is referred to as its

Which of the following statements is not true concerning a corporate reputation?

A current trend in corporate information systems is the increasing use of the Internet for marketing, intranets for internal communication, and extranets for logistics and distribution.

A value chain is a linked set of value-creating activities.

What is R&D intensity?

Flexible manufacturing permits the low-volume output of custom-tailored products at relatively low unit costs through economies of scope.

Which of the following describes a typical functional structure?

A winemaker in California finds it difficult to duplicate a French winery's key resources of land and climate. This is an example of

An example of an intermittent manufacturing system is an auto body repair shop.

Which of the following statements is true concerning clusters?

When employees across the organization hold the same cultural values and norms, this demonstrates a high level of cultural integration.

Define a value chain and the significance of the center of gravity.

A functional structure is appropriate for a medium-sized firm with several product lines in one industry.

The ability of competitors to use duplicated resources and capabilities to imitate the other firm's success is called

An automobile assembly line is an example of which approach to manufacturing?

Which one of the following best describes a divisional structure?

When a company determines that a competency provides a competitive advantage, Barney refers to this issue as

A linked set of value-creating activities beginning with basic materials provided by suppliers and ending with distributors getting the final product into the hands of the ultimate consumer is called a

Which of the following is not a function of corporate culture?