Question: Question 24 2.5 Points According to VRIO framework, when a company develops a capability that is only valuable then the company... (Choose 2 answers) develops

Question 24

2.5 Points

According to VRIO framework, when a company develops a capability that is only valuable then the company...

(Choose 2 answers)

develops a competitive disadvantage

demonstrates a below average performance

develops a competitive parity

demonstrates an average performance

develops a temporary competitive advantage

According to RBV which of the following are NOT part of the tangible resources?

(Choose 3 answers)

Financial resources

Machines

Licenses

Effective use of logistics

Trade secrets

According to VRIO framework, the difference between rarity and imitability resides on...

(Choose 2 answers)

Imitability is related to the cost of imitation

Imitability is based on the number of resources / capabilities available in the market

Rarity is related to the cost of imitation

Rarity is related to the number of resources / capabilities available in the market

Imitability is based on the value when imitating resources and capabilities

dentify one primary activity of the value chain in a car manufacturing company.

(Choose one answer)

Activities related to the storage and distribution of tires, engines and seat belts

Activities related to the control and quality assurance

Activities related to the storage and distribution of printers and stationery

Activities related to the development of new technology to optimise operations

None of the other answers (N/A)

Which one of the following is NOT considered to be a support activity of the Value Chain of a firm?

(Choose one answer)

Human Resource Management

After-sales services (Customer service)

Technology development

Enterprise infrastructure (Firm Infrastructure)

Out-bound operations

How businesses create value following the Value constellation?

(Choose one answer)

In a network of interconnected relationships with other companies

When creating core capabilities in the physical world

When commercialising products / services using the brick-and-mortar retail

When using a constellation of resources in the internet world

None of the other answers (N/A)

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