Management > QUESTION PAPER (QP) > University of Wisconsin, Whitewater MANGEMNT MISC Module B - Quiz Chapter 03 - The Internal Orga (All)

University of Wisconsin, Whitewater MANGEMNT MISC Module B - Quiz Chapter 03 - The Internal Organization

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University of Wisconsin, Whitewater MANGEMNT MISC Module B - Quiz Chapter 03 - The Internal Organization Question 1 1 / 1 pts Which of the following is true about outsourcing? Outsourcing ... allows firms to be more flexible and requires minimal coordination. Outsourcing allows firms to concentrate on those areas in which they can create value. Outsourcing strengthens the creative and innovative functions within the firm. Outsourcing is effective only when it includes all support activities. Question 2 1 / 1 pts One capability that can be learned from failure is when to: repeat with a modification. add more resources. dig in. quit. Question 3 1 / 1 pts All of the following were traditional sources of competitive advantage EXCEPT: labor costs. access to financial resources. protected markets. a highly educated labor market. Question 4 1 / 1 pts The owner of a store that sells fine-quality fabrics for home seamstresses bemoans the fact that few young women know how to do fine tailoring, much less simple dressmaking. Many potential customers are unable to appreciate the premium quality of the fabrics and are deterred by the high prices, as well as the complexity of fine sewing. In the past, the store had a strong demand for fabrics, large classes for women learning the fine points of sewing, and a reputation for excellent service and technical advice. Now the store is earning lower-than-average returns. This case is an example of: the hazard of competitors being able to imitate a firm's core competency. the need for firms to stick to their core competencies through temporary downturns in market demand. the lack of intangible resources undermining the core competencies of the firm. core competencies that have become core rigidities. Question 5 1 / 1 pts A major department store chain has a strict policy of banning photographs or videos of its sales floor or back-room operations. It also does not allow academics to conduct studies of it for publication in research journals. In fact, some of its own top managers refer to the management's policies on secrecy as "verging on paranoid." These policies indicate that the top management of the firm believes the organization's core competencies are: causally ambiguous. unobservable. imitable. common. Question 6 1 / 1 pts Amazon is building a new distribution facility in Robbinsville, New Jersey. It is immediately off the exit of a major road. This is an example of a(n) __________ resource. financial organizational physical technological Question 7 1 / 1 pts All core competencies have the potential to become core: rigidities. stagnations. inefficiencies. weaknesses. Question 8 1 / 1 pts To build social capital whereby resources such as knowledge are transferred across organizations requires __________ between partners. a contract determination confidence trust [Show More]

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