Exam 3: Internal Analysis: Distinctive Competencies, Competitive Advantage, and Profitability

When companies find it hard to change their strategies and structures to adapt to changing competitive conditions,they suffer from

(Multiple Choice)

5.0/5

(77)

Question 21

Identify and describe the four building blocks of competitive advantage.Provide an example of each using a real company situation.

(Essay)

4.8/5

(84)

Question 22

The building blocks of competitive advantage are efficiency,quality,innovation,and profitability.

(True/False)

4.8/5

(69)

Question 23

At Adam's bicycle repair shop,the primary value chain activity of production occurs each time a customer's bicycle is repaired.

(True/False)

4.9/5

(79)

Question 24

The intellectual property of an organization is a(n)

(Multiple Choice)

4.7/5

(83)

Question 25

Cost of goods sold is determined by examining which of the following?

(Multiple Choice)

4.9/5

(81)

Question 26

Together with an analysis of the company's external environment,internal analysis gives managers the information they need to choose the business model and strategies that will enable their company to attain a sustained competitive advantage.

(True/False)

4.9/5

(85)

Question 27

Absorptive capacity refers to the ability of an enterprise to identify,value,assimilate,and use new knowledge.

(True/False)

4.7/5

(83)

Question 28

Industry dynamism refers to

(Multiple Choice)

4.9/5

(84)

Question 29

Unfortunately,quality as excellence and quality as reliability are concepts that apply to goods but not services.

(True/False)

4.9/5

(82)

Question 30

Ford Motors developed the Explorer sports utility vehicle,the number 1 selling sports utility vehicle in the United States,based on an extensive study of customer preferences.Which value chain activity of Ford conducted those studies?

(Multiple Choice)

4.9/5

(77)

Question 31

Employee productivity is a common measure of efficiency.

(True/False)

4.8/5

(72)

Question 32

When a firm produces products that customers perceive as having higher utility than those of its rivals,this firm's source of competitive advantage is

(Multiple Choice)

4.8/5

(86)

Question 33

Research and development activities are concerned with

(Multiple Choice)

4.9/5

(77)

Question 34

Which of the following distinctive competencies typically has the lowest barrier to imitation?

(Multiple Choice)

4.9/5

(74)

Question 35

Which of the following factors does not determine the durability of a company's competitive advantage?

(Multiple Choice)

4.9/5

(82)

Question 36

Analyze the relationships among distinctive competitive advantage,distinctive competencies,resources,and capabilities.

(Essay)

4.8/5

(76)

Question 37

Cost accountants are responsible for gathering and monitoring data used for controlling the organization's costs.Cost accountants work in which value chain activity?

(Multiple Choice)

4.9/5

(86)

Question 38

The four basic building blocks of competitive advantage are

(Multiple Choice)

4.8/5

(85)

Question 39

The importance of reliability in building competitive advantage has increased dramatically over the past decade.

(True/False)

4.9/5

(83)

Question 40

Showing 21 - 40 of 83

When companies find it hard to change their strategies and structures to adapt to changing competitive conditions,they suffer from

Identify and describe the four building blocks of competitive advantage.Provide an example of each using a real company situation.

The building blocks of competitive advantage are efficiency,quality,innovation,and profitability.

At Adam's bicycle repair shop,the primary value chain activity of production occurs each time a customer's bicycle is repaired.

The intellectual property of an organization is a(n)

Cost of goods sold is determined by examining which of the following?

Together with an analysis of the company's external environment,internal analysis gives managers the information they need to choose the business model and strategies that will enable their company to attain a sustained competitive advantage.

Absorptive capacity refers to the ability of an enterprise to identify,value,assimilate,and use new knowledge.

Industry dynamism refers to

Unfortunately,quality as excellence and quality as reliability are concepts that apply to goods but not services.

Ford Motors developed the Explorer sports utility vehicle,the number 1 selling sports utility vehicle in the United States,based on an extensive study of customer preferences.Which value chain activity of Ford conducted those studies?

Employee productivity is a common measure of efficiency.

When a firm produces products that customers perceive as having higher utility than those of its rivals,this firm's source of competitive advantage is

Research and development activities are concerned with

Which of the following distinctive competencies typically has the lowest barrier to imitation?

Which of the following factors does not determine the durability of a company's competitive advantage?

Analyze the relationships among distinctive competitive advantage,distinctive competencies,resources,and capabilities.

Cost accountants are responsible for gathering and monitoring data used for controlling the organization's costs.Cost accountants work in which value chain activity?

The four basic building blocks of competitive advantage are

The importance of reliability in building competitive advantage has increased dramatically over the past decade.

Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage

External Analysis: The Identification of Opportunities and Threats

Building Competitive Advantage Through Functional-Level Strategy

Building Competitive Advantage Through Business-Level Strategy

Business-Level Strategy and the Industry Environment

Strategy and Technology

Strategy in the Global Environment

Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing

Corporate-Level Strategy: Related and Unrelated Diversification

Corporate Performance, Governance, and Business Ethics

Implementing Strategy in Companies That Compete in a Single Industry

Implementing Strategy in Companies That Compete Across Industries and Countries

Filters