10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes. A) if the overall strategy of the firm is the same. Intangible resources include, for example, the knowledge and skills of employees, a firm's reputation, brand name, exclusive rights . B) Whenever a company improves or developed its capabilities to support innovation, the organization is said to have the capacity for innovation. More specifically, capabilities refer to the firms ability to bundle, manage, or otherwise exploit resources in a manner that provides added value and, hopefully, advantage over competitors. Do firm resources and capabilities add value? a. d. Controlling Choose one of the companies below and identify three key stakeholders. Review the material in Chapter 20 and respond to the following: Discuss the modern quantity theory and the liquidity preference theory. C. physical resources, such as the company's brand, image, and reputation . The major diversification strategy through which products are produced that are technically similar to the company's current products but appeal to a new consumer group is: a. Concentric diversification Intangible resources include, for example, the knowledge and skills of employees, a firms reputation, brand name, exclusive rights to intellectual property, leadership traits of executives, and a firms culture. Which of the following is not one of these attributes: For a resource to provide a firm with the potential for a sustainable competitive advantage, it must have the following four attributes. O - The best strategies, corporate and business, are based on a thorough SWOT analysis, The intensity of industry competition and an industrys profit potential are a function of which of the following forces of competition? Resources that can be readily seen, touched, and quantified, such as cash or equipment, Resources that are not physical, like a firms reputation, a patent, or employee knowledge, Resources that provide an organization with an opportunity to develop competitive advantages over its rivals. A resource is valuable and rare but neither difficult to imitate nor without substitutes. Other resources are hard to copy because they evolve over time and they reflect unique aspects of the firm. Is Southwests culture valuable? In value chain analysis, the activities of an organization are divided into two major categories of value activities: primary and support. ~~~~~\text{Sporting events/recreation} & & 32.00 & 32.00\\ -Production equipment B. How do management and employee self-service portals improve organizational efficiency? A firm's tangible resource includes which of the following? In the value chain, which of the following activities is deemed to add direct value to a firm? D. T or F a. Not all organizations need strategies to survive and thrive. Despite Mattinglys objections, Guy spontaneously adds an up-tempo beat to a sleepy ballad called That Thing You Do! during a local talent contest. This makes knowledge an intangible resource. 4.3 Resource-Based View - Strategic Management - Virginia Tech Examples include all of the following except: A) negotiating and maintaining ongoing relations with regulatory bodies. ______________ are the competencies or skills that a firm employs to transform inputs into outputs. c. Extensive market research Receive an answer explained step-by-step. and more. _____________ include assets that are deeply rooted in the firms history and have, The firms capacity to deploy resources that have been purposely integrated to achieve a. desired end state are called _____________.
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