STRATEGIC MANAGEMENT CHAPTER 4
QUESTIONS WITH COMPLETE
ANSWERS { GRADED A+}
Core competencies of a business are generated by the interaction of ______.
Multiple choice question.
ownership and management
resources and ownership
capabilities and management
resources and capabilities - ✔✔resources and capabilities
Unlike capabilities, resources can be both ______.
Multiple choice question.
easy to access and useful
,difficult to access and inexpensive
tangible and intangible
tangible and expensive - ✔✔tangible and intangible
The organizational and managerial skills necessary to orchestrate a diverse set of
resources and deploy them strategically are called _____.
Multiple choice question.
resources
activities
capabilities
core competencies - ✔✔capabilities
Which of the following are examples of business activities? (Check all that apply.)
Multiple select question.
resource immobility
invoicing customers
order taking
, delivery of products - ✔✔invoicing customers
order taking
delivery of products
True or false: Core competencies should be continuously improved so that the firm
can acquire or maintain a competitive advantage.
True false question.
True
False - ✔✔True
What do the best firms in an industry seek to identify and manage on an ongoing
basis as sources to respond to their external environment? (Check all that apply.)
Multiple select question.
resources
capabilities
core competencies
internal weaknesses - ✔✔resources
capabilities
QUESTIONS WITH COMPLETE
ANSWERS { GRADED A+}
Core competencies of a business are generated by the interaction of ______.
Multiple choice question.
ownership and management
resources and ownership
capabilities and management
resources and capabilities - ✔✔resources and capabilities
Unlike capabilities, resources can be both ______.
Multiple choice question.
easy to access and useful
,difficult to access and inexpensive
tangible and intangible
tangible and expensive - ✔✔tangible and intangible
The organizational and managerial skills necessary to orchestrate a diverse set of
resources and deploy them strategically are called _____.
Multiple choice question.
resources
activities
capabilities
core competencies - ✔✔capabilities
Which of the following are examples of business activities? (Check all that apply.)
Multiple select question.
resource immobility
invoicing customers
order taking
, delivery of products - ✔✔invoicing customers
order taking
delivery of products
True or false: Core competencies should be continuously improved so that the firm
can acquire or maintain a competitive advantage.
True false question.
True
False - ✔✔True
What do the best firms in an industry seek to identify and manage on an ongoing
basis as sources to respond to their external environment? (Check all that apply.)
Multiple select question.
resources
capabilities
core competencies
internal weaknesses - ✔✔resources
capabilities
