The resource-based view of competitive advantage

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1. According to the resource-based view of competitive advantage, if a firm is to maintain a sustainable competitive advantage, it must control a set of resources that have four critical characteristics. Which of the following form a part of that set of characteristics? Select more than one.

a) Expensive

b) Innovative

c) Not commonly available

d) Easily substitutable

e) Perfectly imitable

f) Valuable

2. Match the software terms

marginal cost [choose]

cloud computing [choose]

Linux [choose]

[ Choose ]:

a) A massive network of computer servers providing the infrastructure backbone to SaaS and hardware cloud efforts, as well as many large-scale Internet services.

b) Replacing computing resource, either hardware or software, with services provided over the Internet.

c) A component of Total Cost of Ownership.   

d) An OSS OS ; )

e) The cost of producing one more unit of a product, very low for software.

3. In a periodic review inventory system with constant demand and lead time, how many units are ordered?

a) Target inventory level

b) Target inventory level-on hand balance

c) Max inventory level- Min inventory level

d) The EOQ

e) Average demand during review period + average demand during lead time

4. Which is NOT an advantage of going green?

a- lowered cost of operating

b- elimination of waste

c- positioned for an IPO

d- reduced exposure to risk

e- inoculating against future law suits

5. Data analytics are used for all of the following reasons? EXCEPT__________.

A. protection against? cyber-attacks

B. detecting risk

C. customer analysis

D. prediction

E. eliminating volatility

6. Which of the following is an example of an externally caused? behavior?

A. A student is late to class because he chose to walk instead of riding the bus.

B. A student misses class because she just? didn't feel like going.

C. A student is late to class because he got a flat tire on the way to school.

D. A student misses class because he chose to hang out with friends instead.

E. A student is late to class because she stayed up too late and overslept.

7. A positive culture does which of the? following?

A. Recognizes outside context.

B. Requires a spiritual culture.

C. Emphasizes getting rid of dead wood within the organization.

D. Sees the position as a job that needs to be done.

E. Limits outside activities to keep everyone focused.

8. Which of the following is an appearance? norm?

A. How hard to work

B. Whether dating outside of work is okay

C. Dress code

D. Tardiness

E. How many overtime hours to complete

Reference no: EM132266767

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