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1.The value chain assesses the value of the company's competitive advantage vs. the competition.

Group of answer choices

True

False

2.In the Resource-Based View of an organization, the Resources include all of the following except:

Group of answer choices

Assembly equipment

Market share

Cash flow

Patents

3.Dynamic capabilities help to improve a firm's competitive advantage.

Group of answer choices

True

False

4.Dynamic capabilities are very easily created in a relatively short period of time.

Group of answer choices

True

False

5.Dynamic capabilities are very easily created in a relatively short period of time.

Group of answer choices

True

False

6.In the VRIO Model, the purpose of the model is to create a competitive advantage.

Group of answer choices

True

False

7. In the VRIO Model of Sustainability, the "R" is for....

Group of answer choices

Being the unique option

Being the cheapest option

Being the most popular option

Being the parity option

8. Path Dependence is created as part of the Value principle within the VRIO Model.

Group of answer choices

True

False

9. A Competitive Failure exists when a company has nothing in terms of Value, Rarity, Inimitability or Organized to Exploit that would separate it from the competition.

Group of answer choices

True

False

10. In the Company Diamond tool, one benefit of using the tool is a methodical approach to assessing a firm's strengths and weaknesses.

Group of answer choices

True

False

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