MGT 498 Wk 1 – Practice: Ch. 4, Internal Analysis

Which of the following were resources and capabilities that helped Five Guys gain a competitive advantage and develop into a successful restaurant chain?

Multiple select question.

Never using the highest-priced vendor for a product

Preparing and freezing meat paddies at a centrally located site

Carefully choosing the supplier of the potatoes for their fries

Focusing on such details as store layout and design

The core competencies of a business are generated by the interaction of Blank______.

Multiple choice question.

resources and ownership

ownership and management

resources and capabilities

capabilities and management

A(n) Blank______ is a unique strength, embedded deep within a firm, that is critical to gaining and sustaining competitive advantage.

Multiple choice question.

activity

capability

resource

core competency

Which of the following are examples of resources for a firm?

Multiple select question.

cash

buildings

intellectual property

legal liabilities

The resource-based view classifies all resources as Blank______.

Multiple choice question.

low cost or high cost

domestic or foreign

capital or labor

tangible or intangible