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Strategic management quizzes with answers
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Strategic management quizzes with answers
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Strategicmanagement
Quizzes
______\
are
the
source
of
a
firms
_____which
are
the
source
of
the
firms
______
A:
capabilities;
resources;
core
competencies
B:
capabilities;
resources;
above
average
returns
C:
core
competencies;
resources;
competitive
advantage
D:
resources;
capabilities;
core
competencies
-
ANS-D
A
veterinary
practice
has
added
a
pet
boarding
and
grooming
facility.
Most
of
the
practice
competitors
also
provide
these
services.
The
veterinary
practice
is
gaining
competitive_______
A:
neutrality
B:
disadvantage
C:
advantage
D:
parity
-
ANS-D:
parity
All
competitive
advantages
have____
A:
an
expiration
date
B:
the
ability
to
earn
above
average
returns
indefinitely
C:
the
ability
to
lead
to
more
competitive
advantages
D:
a
limited
life
-
ANS-D:
a
limited
life
By
emphasizing
core
competencies
when
selecting
stratified
companies
learn
to
compete
primarily
on
the
basis
of____
A:
firm
specific
differences
B:
their
primary
activities
C:
efficiency
of
production
D:
Intangible
resources
-
ANS-Firm
specific
differences
Capabilities
typically
come
from___
A:
combining
resource
B:
one
unique
resource
C:
several
outstanding
resources
used
independently
D:
individual
resources
-
ANS-Combing
resources
Compared
to
tangible
resources,
intangible
resources
are____
A:
a
superior
source
of
capabilities
B:less
likely
to
be
the
focus
of
stretching
analysis
C:
more
likely
to
be
reflected
on
the
firms
balance
sheet
D:
of
less
strategic
value
to
the
firm
-
ANS-A
superior
source
of
capabilities
Examples
of
support
activities
include
all
of
the
following
except
____
A:
finance
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