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82.
Juanita, a manager at a multinational organization, is trying to carefully scan and link the
firm's internal environment to its external environment. The insights from this analysis will
allow her to effectively leverage the company's internal strengths to exploit external
opportunities, while mitigating internal weaknesses and external threats. In this scenario,
which of the following managerial tools is Juanita employing?
83.
In the context of the SWOT matrix, which of the following best exemplifies a firm's internal
strength?
84.
Which of the following management tools will help determine whether a firm's resources,
capabilities, and competencies are strengths or weaknesses?
85.
In the context of SWOT analysis, a firm can develop an offensive strategic option primarily
by
86.
In the context of SWOT analysis, which of the following best exemplifies a firm's internal
weakness?
87.
In the context of SWOT analysis, which of the following best exemplifies a firm's external
opportunity?
88.
Which of the following is a drawback of the SWOT analysis?
89.
To make the SWOT analysis an effective management tool, a strategist must first
90.
Which of the following applies to the Strength-Threats quadrant of the SWOT matrix?
91.
Apple paid $3 billion dollars to acquire Beats. This is the largest acquisition in Apple's
history. Which of the following provides a reason for this acquisition?
92.
Which of the following accurately summarizes the difference between the resources and
capabilities of a firm?
93.
A resource-based view of a firm provides a model that systematically aids in identifying
94.
Superlative Productions spent 10 million dollars to buy the rights to a best-selling novel.
95.
Which of the following statements correctly describes resource heterogeneity?
96.
SWA has enjoyed a sustained competitive advantage, allowing it to outperform its
competitors over several decades. Continental and Delta attempted to copy SWA with
97.
According to the VRIO framework, a firm can gain a competitive advantage if it has
resources that are _____ and captured by an organized firm.
98.
Rice Dazzle Inc. has been making the same breakfast cereal for 50 years. Recently, sales
have plummeted. To counteract this, the company created a new package that included an
endorsement by a celebrity. As a result, sales increased close to previous highs. However,
the cereal itself remained the same. According the VRIO framework, is the new packaging
a valuable resource for Rice Dazzle?
99.
Which of the following provides an example of how a firm's valuable resource can be
imitated?
100.
Which of the following describes a situation in which firms acquire resources at a low cost,
laying the foundation for a competitive advantage later?
101.
To gain a competitive advantage, Lopez Industries obtained financing and then used this
extra capital to produce the same amount of gaskets in a one-month period that it
normally produces in a two-month period. Which of the following is the most likely
outcome of this endeavor?
102.
Which of the following best exemplifies social complexity as an isolating mechanism?
103.
Dynamic capabilities are essential for moving beyond a(n) _____ advantage.
104.
Dynamic capabilities are especially relevant for surviving and competing in markets that
105.
Clean Rinse Shampoo has been the leader of hair-cleaning products for about 40 years.
However, this company relied too long on its competency without refining or upgrading its
product. As a result, other shampoo companies that began to offer organic shampoo
gained a competitive advantage over Clean Rinse. This case is an example of
106.
Each activity a firm performs along the horizontal value chain adds _____ value.
107.
Which of the following is an accurate statement about value chain analysis?
108.
To increase its competitive advantage, HRV Automobiles seeks to improve the efficiency
of its production plants. By doing this, HRV is addressing a _____ in the value chain
analysis.
109.
All Purpose Tires, Inc. is planning to build a manufacturing plant in Tornado Alley—an area
that often gets hit by tornados. According to the SWOT analysis, this location is
considered to be an
110.
Which of the following management tools will help determine the external opportunities
and threats that affect a firm?
