Exam 4: Leveraging Resources and Capabilities

Organizational culture is an example of _____.

Commoditization is the point at which an activity becomes proprietary or firm-specific.

Turning over an organizational activity to an international firm or foreign firm is called _____.

An original brand manufacturer includes research and development in its value chain activities.

Offshoring refers to setting up subsidiaries in foreign locations to perform in-house work.

According to the VRIO framework,valuable,but common resources and capabilities,will lead to a temporary competitive advantage.

Captive sourcing is also known as _____.

Which of the following primary activities of a firm corresponds to its support activity of infrastructure?

Which of the following is considered as a tangible resource of a firm?

The combination of resources and assets that enable a firm to gain a competitive advantage are referred to as supplementary assets.

Which of the following is an example of innovation resources and capabilities of a firm?

Original design manufacturers are firms that both design and manufacture products.

The ability to raise external capital is an example of a firm's _____.

Firms that design,manufacture,and market distinguished products are called _____.

Tangible resources and capabilities are assets that are observable and easily quantified.

According to the VRIO framework,non-value-adding resources and capabilities will lead to _____ for a firm.

The VRIO framework differs from SWOT analysis in that the VRIO framework promotes nonoffshoring.

A firm's financial resources and capabilities are an example of its intangible assets.

Illustrate with examples the difference between OEMs,ODMs,and OBMs.

Describe the VRIO framework.