Question no 1

Competitive advantage is mainly found amongst competences (activities). However, one type of resources can often contribute towards competitive advantage of an organisation (more than other types of resources). This type is: O a. Physical resources O b. Human resources O c. Intangible resources O d. Financial resourcesAccording to the five forces model, an attractive industry would have all of the following characteristics EXCEPT: O a. Suppliers with low bargaining power O b. Low or Moderate degree of rivalry among competitors O c. Low barriers to entry O d. Very few product substitutesCore competences are used by companies to gain competitive advantage and sustain it for longer: O a. False O b. TrueOut of the following categoryr of activities, which one does not come under the primary activities of the generic Value Chain model? 0 a. Marketing and Sales O to. Services 0 o. Operations 0 d. Technology Development Technology scanning (identication of technological issues) refers to [select one answer): 0 a. Strategies of multinational firms based on technologies 0 b. A framework for strategic planning in the knowledge economy 0 c. Locating a rm's research centres in countries or regions where relevant cutting-edge research is pursued 0 d. The process of identifying important and relevant technologies in the external business environment Switching Costs refer to the: O a. Cost of changing the firm's strategic group O b. Cost to a producer to exchange equipment in a facility when new technology emerge O c. Costs buyers incur when buying from a different supplier O d. Costs suppliers incur when selling to a different buyer