When a company determines that a competency provides a competitive advantage, Barney refers to this issue as

Organizational Analysis and Competitive Advantage

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Business
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44 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
value
rareness
imitability
organization
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Barney's VRIO framework, the firm's exploitation of a competency pertains to
value
rareness
imitability
organization
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Knowledge that can be easily articulated and communicated is known as
tacit knowledge
explicit knowledge
imitable knowledge
transferable knowledge
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Those critical strengths and weaknesses that are likely to determine if a firm will be able to take advantage of opportunities while avoiding threats are called
SWOT
competitive forces
internal strategic factors
quality accounting
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FedEx's application of information technology to all its operations is an example of
resources
distinctive competencies
core competencies
critical success factors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ability of competitors to use duplicated resources and capabilities to imitate the other firm's success is called
imitability
durability
transparency
replicability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?
organization
durability
rareness
valuable
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