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 management
captive marketing
captive outsourcing
captive offshoring
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 equipment manufacturer (OEM)
original market manufacturer (OMM)
original brand manufacturer (OBM)
original design manufacturer (ODM)
The concept of __ describes the stages of a manufacturing process necessary to produce a product or service
value product
demand chain
value chain
demand product
The term "offshore outsourcing" refers to
establishment of oil wells offshore, e.g. in the North Sea or the Gulf of Mexico
relocating production to an independent firm abroad
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
benchmarking
competitior analysis
VRIO analysis
competitior intelligence
Which of the following is not a question asked as part of a VRIO analysis?
Are other policies and procedures organized to support the exploitation of this resource?
Does the resource add value?
Is the resource intagible
Is the resource rare?