Question 6 (3.33 points)

Question 1- The Resourced Based View says that a resource must be all of these except ____ in order to lead to competitive advantage.

Question 6 options:

	Organized to create value
	Rare
	Intangible
	Valuable
	Inimitable

Question 2- All of these are true regarding core competencies EXCEPT:

options:

	they allow a firm to distinguish its product/services
	They are valuable, rare, inimitable, and organized to create value
	they are embedded within a firm
	they are unique strengths

Question 3-

Corporate strategy considers all of the following EXCEPT:

options:

	Economies of scale
	Geographic scope
	Diversification
	Vertical integration

Question4- The monetary aspect of transaction costs can be relatively easy to measure. What other consideration is important beyond the monetary costs?

	None. The less expensive option should be selected.
	Opportunity costs
	Diversification
	The preferences of the CEO.