Question 1

Dynamic capabilities are an organization's ability to build, integrate, and reconfigure capabilities to address rapidly changing environments.

Accepted Answer

A) True 
 B)False

Question 2

Ms. Krisak studies the internal audit to determine the availability or lack of critical ________ and the level of ________.

Accepted Answer

A)  capital; skills 
B)  resources; capabilities 
C)  financial resources; management 
D)  skills; resources. 
E)  None of the answer choices is correct.

Question 3

Which of the following is not an organizational function that internal audit looks at?

Accepted Answer

A)  Production-operations 
B)  Marketing 
C)  Research and development 
D)  Financial-accounting 
E)  None of the answer choices is correct.

Question 4

Describe the criteria involved in judging organizational strengths and weaknesses.

Accepted Answer

The answer of Describe the criteria involved in judging organizational...

Question 5

One activity in organizational routines and processes is

Accepted Answer

A)  obtaining needed raw materials. 
B)  establishing various product pricing structures. 
C)  generating end-of-quarter financial reports. 
D)  generating operational statistical reports. 
E)  All of the answer choices are correct.

Question 6

When customers purchase a product, they are not purchasing a bundle of attributes that they believe will satisfy their needs.

Accepted Answer

A) True 
 B)False

Question 7

Core competencies cannot be a source of ________, but can contribute to the development of ________.

Accepted Answer

A)  organizational goals; competitive advantage 
B)  dynamic capabilities; internal analysis. 
C)  competitive advantage; distinctive capabilities. 
D)  distinctive capabilities; organizational goals 
E)  None of the answer choices is correct.

Question 8

Weaknesses are resources and capabilities that are lacking or deficient and that prevent the organization from developing a sustainable competitive advantage.

Accepted Answer

A) True 
 B)False

Question 9

Strengths are resources that the organization possesses and capabilities that the organization has developed, both of which can be exploited and developed into a sustainable competitive advantage.

Accepted Answer

A) True 
 B)False

Question 10

Northland Designs always seems to combine styles in compelling ways that distinguishes this company from its competitors. This ability is called

Accepted Answer

A)  a distinguished organizational capability. 
B)  a distinctive organizational capability. 
C)  a demonstrated organizational capability. 
D)  a denoted organizational capability. 
E)  a delineated organizational capability.

Question 11

One criterion that could be used to determine whether resources and capabilities are strengths or weaknesses is past performance trends.

Accepted Answer

A) True 
 B)False

Question 12

The key to using an ________ is to determine how well or poorly organizational functions are being performed.

Accepted Answer

A)  internal audit 
B)  capabilities assessment profile 
C)  strategic audit 
D)  resource audit 
E)  core competency audit

Question 13

List some of the questions in an internal audit as it relates to information systems.

Accepted Answer

The answer of List some of the questions in an...

Question 14

The second step in identifying distinctive organizational capabilities through a capabilities assessment profile is

Accepted Answer

A)  describe all the organizational capabilities and competencies. 
B)  identify and agree on the key capabilities and competencies. 
C)  identify sources of competitive advantage and disadvantage in the main product-market segments. 
D)  prepare a current product-market profile. 
E)  sort the core capabilities and competencies according to strategic importance.

Question 15

All of the following constitute support activities except

Accepted Answer

A)  technological development. 
B)  firm's infrastructure. 
C)  operations. 
D)  human resource management. 
E)  procurement.

Question 16

What are core competencies?

Accepted Answer

The answer of What are core competencies?...

Question 17

The first step in the capabilities assessment profile is to develop and leverage the organization's distinctive capabilities.

Accepted Answer

A) True 
 B)False

Question 18

Special and unique capabilities that distinguish the organization from its competitors are called

Accepted Answer

A)  distinguished organizational capabilities. 
B)  distinctive organizational capabilities. 
C)  demonstrated organizational capabilities. 
D)  denoted organizational capabilities. 
E)  delineated organizational capabilities.

Question 19

According to the value chain analysis, the process connected to the acquisition and utilization of resources is known as

Accepted Answer

A)  managing human resources. 
B)  technological development. 
C)  firm infrastructure. 
D)  purchasing. 
E)  None of the answer choices is correct.

Question 20

Explain the characteristics of distinctive organizational capabilities.

Accepted Answer

The answer of Explain the characteristics of distinctive organizational capabilities....

Exam 4: Assessing Strengths and Weaknesses: Doing an Internal Analysis

Dynamic capabilities are an organization's ability to build, integrate, and reconfigure capabilities to address rapidly changing environments.

Ms. Krisak studies the internal audit to determine the availability or lack of critical and the level of .

Which of the following is not an organizational function that internal audit looks at?

Describe the criteria involved in judging organizational strengths and weaknesses.

One activity in organizational routines and processes is

When customers purchase a product, they are not purchasing a bundle of attributes that they believe will satisfy their needs.

Core competencies cannot be a source of , but can contribute to the development of .

Weaknesses are resources and capabilities that are lacking or deficient and that prevent the organization from developing a sustainable competitive advantage.

Strengths are resources that the organization possesses and capabilities that the organization has developed, both of which can be exploited and developed into a sustainable competitive advantage.

Northland Designs always seems to combine styles in compelling ways that distinguishes this company from its competitors. This ability is called

One criterion that could be used to determine whether resources and capabilities are strengths or weaknesses is past performance trends.

The key to using an ________ is to determine how well or poorly organizational functions are being performed.

List some of the questions in an internal audit as it relates to information systems.

The second step in identifying distinctive organizational capabilities through a capabilities assessment profile is

All of the following constitute support activities except

What are core competencies?

The first step in the capabilities assessment profile is to develop and leverage the organization's distinctive capabilities.

Special and unique capabilities that distinguish the organization from its competitors are called

According to the value chain analysis, the process connected to the acquisition and utilization of resources is known as

Explain the characteristics of distinctive organizational capabilities.