Question 1

A capability that is "needed to play" is

Accepted Answer

A) a threshold resource. 
B) a unique resource. 
C) a threshold competence. 
D) a core competence.

Question 2

Human resource capabilities

Accepted Answer

A) include the skills to train and develop people. 
B) are generally a firm's greatest resource. 
C) are the distinctive capability of most automobile makers. 
D) b and c.

Question 3

To stop rivals acquiring a core resource or capability,

Accepted Answer

A) firms cannot stop its rivals from doing things they want to. 
B) firms need to make that resource or capability immobile. 
C) firms must use patents and the full array of legal protections. 
D) everyone involved in this activity must be paid higher than the rivals could pay.

Question 4

In MacDonald's most small firms, a process which is usually routinized is

Accepted Answer

A) developing a new product. 
B) launching a new promotional campaign. 
C) making a burger. 
D) expanding internationally.

Exam 3: Resources and Capabilities

A capability that is "needed to play" is

Human resource capabilities

To stop rivals acquiring a core resource or capability,

In MacDonald's most small firms, a process which is usually routinized is