Imitability of a resource

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Reference no: EM13810066

1. As part of its training, most military academies teach the:

  • Nine Principles of War.
  • Seven Principles of Success.
  • Five Keys to Effectiveness.
  • Eight Steps to Efficiency.

2. The Sarbanes-Oxley Act of 2002 is a U.S. federal law designed to protect investors by improving the accuracy and reliability of:

  • the corporate vision.
  • the corporate mission.
  • corporate disclosures.
  • the balanced scorecard.

3. Imitability of a resource can occur through:

  • duplication.
  • exploitation.
  • substitution.
  • duplication and substitution.

4. The use of equipment, materials, knowledge, and experience to perform tasks is defined as:

  • the information revolution.
  • technology.
  • labor allocation.
  • resource allocation.

5. The various studies of organizational environments can be summarized from the following perspective(s):

  • environment as a source of information.
  • environment as a source of resources.
  • environment as a source of power.
  • environment as a source of information and of resources.

6. __________ refers to cost savings that you get as volume increases.

  • Switching costs
  • Economic costs
  • Economies of scale
  • Leveraged costs

7. Why is an internal analysis important?

  • It is the only way to assess an organization's competitive environment.
  • It is needed for making good strategic decisions.
  • It establishes organizational goals and objectives.
  • It assists in product positioning.

8. In Mintzberg's typology, __________ is a way to differentiate.

  • price
  • adaptability
  • focus
  • niche

10. A more dramatic response to a failing organization may be:

  • a joint venture strategy.
  • a turnaround strategy.
  • a vertical integration strategy.
  • a long-term contract.

11. __________ refers to the values and attitudes shared by individuals from a specific country that shape their behavior and their beliefs about what is important.

  • National culture
  • National values
  • International value systems
  • Global culture

Reference no: EM13810066

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