Quiz
Chapter 4 - Firm resources: competitiveness and growth
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Questions in this quiz (12)
1The resource-based view focuses on the external environment of the firm.
- ATrue
- BFalse
2Tangible assets are things that are observable and quantifiable.
- ATrue
- BFalse
3Nearshoring refers to the co-location of product development and manufacturing in nearby locations, for instance within the same industrial park.
- ATrue
- BFalse
4Dynamic capabilities are higher order capabilities that enable companies to renew their portfolio of capabilities to react to changing markets
- ATrue
- BFalse
5Causal ambiguity is an important reason why competitors may find capabilities too inimitable.
- ATrue
- BFalse
6Human resources refer to assets that have been created by humans as opposed to natural resources such as agricultural and mining products.
- ATrue
- BFalse
7If a company sets up a subsidiary abroad to move some of its production overseas, then we talk of
- Acaptive marketing
- Bcaptive offshoring
- Ccaptive outsourcing
- Dcaptive management
8A company that is producing products on behalf of brand name companies without itself being involved in the product development is also known as
- Aoriginal brand manufacturer (OBM)
- Boriginal equipment manufacturer (OEM)
- Coriginal market manufacturer (OMM)
- Doriginal design manufacturer (ODM)
9The concept of __ describes the stages of a manufacturing process necessary to produce a product or service
- Ademand product
- Bvalue product
- Cdemand chain
- Dvalue chain
10The term "offshore outsourcing" refers to
- Arelocating production to an independent firm abroad
- Bestablishment of oil wells offshore, e.g. in the North Sea or the Gulf of Mexico
- Crelocating production to a subsidiary abroad
- Dnothing really because the two words mean nothing
11The activity of comparing a company's resources and capabilities with those of a leading company in the industry is also known as
- Acompetitior intelligence
- Bcompetitior analysis
- Cbenchmarking
- DVRIO analysis
12Which of the following is not a question asked as part of a VRIO analysis?
- ADoes the resource add value?
- BIs the resource rare?
- CIs the resource intagible
- DAre other policies and procedures organized to support the exploitation of this resource?
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- 5 International Business Quiz on Chapter 4 - Firm resources: competitiveness and growth, created by Silje Ris on 13/02/2024.
- Author
- Silje Ris
- Language
- English
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