4490 Chapter 4 Quiz
(Internal Analysis: Resources, Capabilities, and
Core Competencies)
1. Which of the following is an example of a firm's capabilities?
skills involved in training and managing a workforce
2. Which of the following will most likely be considered as an automobile company's core
competency?
the company's ability to make its cars more fuel efficient than most of its competitors
3. A firm decides to retain $20,000 from its annual earnings and invest it in developing an
advanced manufacturing system. In this scenario, the $20,000 would most likely be
referred to as the firm's
resource flow.
4. Onivo Auto Inc. has been the leader in low-cost and fuel-efficient engine technology for
many years. It has been able to sustain its competitive advantage primarily because of its
highly efficient automobile engines, which competitors have been unable to develop or
buy at a reasonable price. In the context of the VRIO framework, which of the following
resource attributes most likely underpins Onivo's competitive advantage?
The resource is costly to imitate.
5. FL Systems Inc. and Oryxo Systems Inc. are two competing firms. FL Systems Inc. has
$300,000 in tangible assets and $200,000 in intangible assets. Oryxo Systems Inc. has
$150,000 in tangible assets and $347,000 in intangible assets. In the context of the
resource-based view, which of the following is the most likely implication of the asset
values of the two companies?
FL Systems Inc. will find it harder than Oryxo Systems Inc. to attain competitive
advantage.
6. In the context of SWOT analysis, a firm can develop a defensive strategic option
primarily by
eliminating an internal weakness to mitigate an external threat.
This study source was downloaded by 100000860007226 from CourseHero.com on 02-06-2023 23:06:58 GMT -06:00
https://www.coursehero.com/file/27972165/4490-Chapter-4-Quiz-Internal-Analysis-Resources-Capabilities-and-Core-Competenciesdocx/
(Internal Analysis: Resources, Capabilities, and
Core Competencies)
1. Which of the following is an example of a firm's capabilities?
skills involved in training and managing a workforce
2. Which of the following will most likely be considered as an automobile company's core
competency?
the company's ability to make its cars more fuel efficient than most of its competitors
3. A firm decides to retain $20,000 from its annual earnings and invest it in developing an
advanced manufacturing system. In this scenario, the $20,000 would most likely be
referred to as the firm's
resource flow.
4. Onivo Auto Inc. has been the leader in low-cost and fuel-efficient engine technology for
many years. It has been able to sustain its competitive advantage primarily because of its
highly efficient automobile engines, which competitors have been unable to develop or
buy at a reasonable price. In the context of the VRIO framework, which of the following
resource attributes most likely underpins Onivo's competitive advantage?
The resource is costly to imitate.
5. FL Systems Inc. and Oryxo Systems Inc. are two competing firms. FL Systems Inc. has
$300,000 in tangible assets and $200,000 in intangible assets. Oryxo Systems Inc. has
$150,000 in tangible assets and $347,000 in intangible assets. In the context of the
resource-based view, which of the following is the most likely implication of the asset
values of the two companies?
FL Systems Inc. will find it harder than Oryxo Systems Inc. to attain competitive
advantage.
6. In the context of SWOT analysis, a firm can develop a defensive strategic option
primarily by
eliminating an internal weakness to mitigate an external threat.
This study source was downloaded by 100000860007226 from CourseHero.com on 02-06-2023 23:06:58 GMT -06:00
https://www.coursehero.com/file/27972165/4490-Chapter-4-Quiz-Internal-Analysis-Resources-Capabilities-and-Core-Competenciesdocx/
