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What are the characteristics of a strategic activity system as it applies to firms?
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Select all that apply
What are the characteristics of a strategic activity system as it applies to firms?
Answer ModeMultiple Select QuestionYour Answer correctWhat are the characteristics of a strategic activity system as it applies to firms?Multiple select question.It weakens competitive advantage.It is causally ambiguous.correctIt consists of interconnected activities.correctIt is socially compl...
Read MoreOne of the most popular tools used by firms to evaluate their current situation and future prospects is the .
Answer ModeMultiple Choice QuestionYour Answer correctOne of the most popular tools used by firms to evaluate their current situation and future prospects is the Blank______.Multiple choice question.value chain analysisdynamic capabilities perspectiveSWOT analysiscorrectVRIO frameworkCorre...
Read MoreAccording to the value chain perspective, are located in the network that connects different, but related activities within a firm.
Answer ModeMultiple Choice QuestionYour Answer correctAccording to the value chain perspective, Blank______ are located in the network that connects different, but related activities within a firm.Multiple choice question.tangible resourcescore competenciescorrectinformation systemsRe...
Read MoreIn performing a SWOT analysis to generate insights from external and internal analysis, internal strengths and weaknesses can be determined by applying and external strengths can be evaluated in part by applying .
Answer ModeMultiple Choice QuestionYour Answer correctIn performing a SWOT analysis to generate insights from external and internal analysis, internal strengths and weaknesses can be determined by applying Blank______ and external strengths can be evaluated in part by applying Bl...
Read MoreResearch and development, information systems and human resources are examples of activities.
Answer ModeMultiple Choice QuestionYour Answer correctResearch and development, information systems and human resources are examples of Blank______ activities.Multiple choice question.primaryvalueassessedsupportcorrectCorrect AnswerQuestionsupport...
Read MoreStrategic leaders use internal and external analyses in tandem to create a customized fit between a company's .
Answer ModeMultiple Choice QuestionYour Answer correctStrategic leaders use internal and external analyses in tandem to create a customized fit between a company's Blank______.Multiple choice question.economic and technological environmentprimary and secondary value chain activitiesmanagem...
Read MoreSelect all that apply
What are examples of intangible resource stock a company may have?
Answer ModeMultiple Select QuestionYour Answer correctWhat are examples of intangible resource stock a company may have?Multiple select question.engineering expertisecorrectreputation for qualitycorrectdynamic capabilitiescorrecta manufacturing facilityCorrect AnswerQuestionengineering expertis...
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What are ways that firms should change their strategic activity systems to maintain a dynamic competitive advantage?
Answer ModeMultiple Select QuestionYour Answer correctWhat are ways that firms should change their strategic activity systems to maintain a dynamic competitive advantage?Multiple select question.upgrading activities so that they do not become obsoletecorrectsimplifying activities to reduce inte...
Read Moreactivities add value directly by transforming inputs into outputs as the firm moves a product or service horizontally along the internal value chain.
Your Answer correctBlank______ activities add value directly by transforming inputs into outputs as the firm moves a product or service horizontally along the internal value chain.Multiple choice question.ComplementaryResourcePrimarycorrectValueCorrect AnswerQuestionPrimary...
Read MoreA firm's network of interconnected activities is referred to a strategic activity system because activities that are interconnected are very difficult for competitors to copy effectively.
Your Answer correctA firm's network of interconnected activities is referred to a strategic activity system because activities that are interconnected are very difficult for competitors to copy effectively.True false question.TruecorrectFalseReason: Strategic activity systems are difficult...
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