Question: Help me. Thanks a lot 1) When analyzing the internal environment a company, what is the overarching issue that we trying to determine ? a)

Help me. Thanks a lot

1) When analyzing the internal environment a company, what is the overarching issue that we trying to determine ?

a) Exactly what a firms owns

b) What a firm can do

c) Where the company is most vulnerable

2) When creating capabilities, which resource is most likely to lead to a competitive advantage ?

a) An intangible resources that is difficult to determine

b) The perfect plant location

c) A huge tangible resource like a sizable amount of cash to purchase new equipment

3) What type of returns do we expect from a capability that only 1 of the 4 core competence criteria ?

a) Average profits

b) Below average profits

c) Competitive disadvantage

4) Why do firms perform value chain analyses ?

a) To avoid outsourcing

b) To better understand their internal activities

c) To better understand their competition

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