Download SEVI 3013 Chapter 3 & 4 Quiz: Resource-Based View and Strategic Management and more Exams Marketing Business-to-business (B2B) in PDF only on Docsity!
SEVI 3013 Chapter 3 & 4 quiz | Questions
with 100% Correct Answers | Verified |
Latest Update 202 5
the resource-based view (RBV) of the firm combined the following two perspectives: - ✔✔the internal analysis of the firm and the external analayis of the industry and competitive environment which of the following is a support activity? - ✔✔technology development advertising is a activity. Supply of replacement parts is a activity. - ✔✔primary; primary inbound logistics include which of the following? - ✔✔warehousing and inventory control
in the resource-based view (RBV) of the firm, examples of tangible resources include - ✔✔financial resources, physician resources, and technological resources general administration is sometimes viewed as only , but it can be a powerful source of competitive advantage. - ✔✔overhead in assessing its primary activities, an airline would examine - ✔✔baggage handling The ability to hire, motivate, and retain human capital is an example of capabilities in the resource-based view of the firm. - ✔✔organizational human resource management consists of activities involved in the recruiting, hiring, training, development, and compensation of all types of personnel. It supports. .. .. - ✔✔both individual primary and support activities and the entire value chain
developing human capital is essential to maintaining a competitive advantage in the current knowledge economy. Efforts and initiatives to develop human capital should be directed ... .. - ✔✔throughout the firm at all levels Managing a knowledge intensive workforce is very challenging. The best way for a firm to manage its workforce is to - ✔✔balance efforts in the attraction, selection, and retention of top talent Employers face many challenges when searching for talent. Which of the following is NOT one of those challenges? - ✔✔The supply of talented young professionals in software is saturated. human capital includes - ✔✔capabilities, knowledge, and skills of an individual. Firms must compete for top talent. In attracting and selecting employees, firms must strive to select the best fit for both the employee and the firm. In an effort
to reduce wasted time and effort in interviewing too many candidates while assuring a good candidate pool, a firm should A. run employment ads in the newspaper. B. use a pre-interview quiz. C. only let lower level employees interview job candidates. D. refrain from hiring by referrals from present employees. - ✔✔use a pre- interview quiz As the competitive environment changes, strategic management must focus on different aspects of the organization. Recently, strategic management has moved from focusing on tangible resources to - ✔✔intangible resources creativity and problem solving ability are considering to be part of capital - ✔✔human
there is no industry growth, and a lack of differentiation among competitor's products, so competition is based on cost or service, and the industry has low profit margins as it is. Gillette combines several technologies to attain unparalleled success in the wet- shaving industry. This is an example of their - ✔✔organizational capabilities. Mary Stinson was required to take over a project after the entire team left the company. She was able to reconstruct what the team had accomplished through reading e-mails exchanged by the previous teams members. This is an example of
- ✔✔using explicit knowledge. Which of the following is NOT an advantage of electronic teams (e-teams)? A. They can facilitate communication. B. They have the potential to acquire a broader range of human capital.
C. They can be effective in generating social capital. D. They're less flexible in responding to unanticipated work challenges. - ✔✔They are less flexible in responding to unanticipated work challenges.
