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Globus Final Exam | Latest Questions with 100% Correct Answers
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Globus Final Exam | Latest Questions with 100% Correct Answers
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Globus Final Exam | Latest Questionswith 100% Correct Answers
Assume a firm''s resources and capabilities are costly to imitate. This is because rival
companies do not clearly understand the relationship between the resources and
capabilities controlled by the firm. In this case, the firm''s competitive advantage is
protected against imitation by
A) path dependence.
B) dependence complexity.
C) causal ambiguity.
D) social complexity. - ✔ ✔ C
Tony''s Pizza has been trying to directly copy the strategies of Moonlight Pies. Even though it is
evident that the success of Moonlight Pies'' success comes from the freshness and variety of
ingredients it uses, Tony''s Pizza has not been able to introduce the same types of produce into
its recipes. This is because Moonlight''s network of relationships with local growers, as well
,as its efficient supply chain, are very difficult to emulate. Which of the following barriers to
imitation does this scenario best illustrate?
A) path dependence
B) social complexity
C) resource mobility
D) resource homogeneity - ✔ ✔ B
Given the accelerated pace of technological change, in combination with deregulation,
globalization, and demographic shifts, a firm will be successful today only if its
A) competitive advantage is derived from static resource or market advantages.
B) resource advantage is not causally ambiguous or socially complex.
C) resource advantage is maintained for a short period of time.
D) internal strengths change with its external environment in a dynamic fashion. - ✔ ✔ D
Seth''s Computer Repair has maintained a competitive advantage based on its thorough and
professional service, reasonable pricing, and money-back guarantee. Management at the
company is so committed to doing repairs well that they often have rejected employee
suggestions to expedite their processes. Recently, the company has begun to lose customers to
a new local service offering same day in-home repairs and 24/7 online customer support.
According to the dynamic capabilities perspective, Seth''s Computer Repair has lost its
competitive advantage due to
A) value chain disruption.
B) core rigidity.
C) resource flows.
D) resource stocks. - ✔ ✔ B
) Which of the following is an implication of high employee turnover in a company?
, A) It results in a reduction in the company''s intangible-resource stocks.
B) It makes the source of the company''s competitive advantage causally ambiguous.
C) It makes the source of the company''s competitive advantage socially complex.
D) It results in greater immobility and heterogeneity of the company''s resources. - ✔ ✔ A
According to the value chain analysis, which of the following is a primary activity? A)
research and development
B) human resources management
C) accounting and finance
D) marketing and sales - ✔ ✔ D
To help a firm achieve a competitive advantage, each distinct activity performed in the
value chain needs to
A) contribute to the firm''s strategic position as either low-cost leader or differentiator.
B) reduce the immobility and the heterogeneity of the firm''s resources.
C) create a static fit between the company''s internal resources and the external environment.
D) reduce the causal ambiguity and the social complexity of the firm''s source of success. - ✔ ✔ A
Juanita, a manager at a multinational organization, is trying to carefully scan and link the firm''s
internal environment to its external environment. The insights from this analysis will allow her
to effectively leverage the company''s internal strengths to exploit external opportunities, while
mitigating internal weaknesses and external threats. In this scenario, which of the following
managerial tools is Juanita employing?
A) Blake Mouton managerial grid
B) Ansoff''s matrix
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