The resource-based view focuses on the external environment of the firm.
Tangible assets are things that are observable and quantifiable.
Nearshoring refers to the co-location of product development and manufacturing in nearby locations, for instance within the same industrial park.
Dynamic capabilities are higher order capabilities that enable companies to renew their portfolio of capabilities to react to changing markets
Causal ambiguity is an important reason why competitors may find capabilities too inimitable.
Human resources refer to assets that have been created by humans as opposed to natural resources such as agricultural and mining products.
If a company sets up a subsidiary abroad to move some of its production overseas, then we talk of
captive marketing
captive offshoring
captive outsourcing
captive management
A company that is producing products on behalf of brand name companies without itself being involved in the product development is also known as
original brand manufacturer (OBM)
original equipment manufacturer (OEM)
original market manufacturer (OMM)
original design manufacturer (ODM)
The concept of __ describes the stages of a manufacturing process necessary to produce a product or service
demand product
value product
demand chain
value chain
The term "offshore outsourcing" refers to
relocating production to an independent firm abroad
establishment of oil wells offshore, e.g. in the North Sea or the Gulf of Mexico
relocating production to a subsidiary abroad
nothing really because the two words mean nothing
The activity of comparing a company's resources and capabilities with those of a leading company in the industry is also known as
competitior intelligence
competitior analysis
benchmarking
VRIO analysis
Which of the following is not a question asked as part of a VRIO analysis?
Does the resource add value?
Is the resource rare?
Is the resource intagible
Are other policies and procedures organized to support the exploitation of this resource?
