A strategic resource is an asset that is valuable, rare, difficult to imitate, and nonsubstitutable.

	True
	False

A value chain differs from a supply chain in that a value chain:

	is a system of people, activities, information, and resources involved in creating a product and moving it to the customer.
	charts the path by which products and services are created and eventually sold to customers.
	is a broader concept than a supply chain.
	concept is fixated on how fast products can be made available to consumers.
	creation requires the components of agility, adaptability, and alignment.

Which of the following is an example of a trade secret?

	Richard James's Slinky
	McDonald's golden arches
	The Nike swoosh
	The formulation of Coca-Cola
	Original artistic creations, like books