Feedback — Week 3 QuizHelp

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Question 1
For a capability to provide a sustained competitive advantage it must be... Your Answer Score Explanation

Aligned with the organization’s value proposition.

All of the above

Correct

1.00

Durable over time.

Difficult for competitors to imitate.

Total

1.00 / 1.00

Question 2
Which of the following best describes why a brand like Coca Cola’s is competitively valuable? Your Answer Score Explanation

The brand stands alone without needing complementary assets

00 It can easily be increased in scale Total 0.The brand has been built over time through substantial investment Correct 1.00 Maintaining the brand involves minimal investment The brand is not protected by copyright or other forms of intellectual property protection Total 1.00 Question 3 A capability that is easy to imitate may provide a sustained competitive advantage if which of the following is true? Your Answer Score Explanation It can easily be put to use in a variety of settings It is more valuable in conjunction with rare complementary assets held by the firm It is more valuable in conjunction with rare complementary assets held by another firm Inorrect 0.00 / 1.00 / .

A new fleet of airplanes leased by an airline.00 Question 4 Which of the following assets is the EASIEST to imitate? Your Answer Score Explanation A firm's reputation for superior customer service. Correct 1.1. .00 / 1.00 A causally ambiguous interaction between human resource practice and production efficiency. The capability is easy to imitate. An established brand identity developed over many years. Total 1.00 Question 5 Which of the following is NOT a necessary condition for a capability to be rent producing? Your Answer Score Explanation The capability t is valuable.

00 / 1. Total 0.The capability has few substitutes.00 / 1. Inorrect 0.00 Question 7 .00 Question 6 Under which of the following conditions is a firm UNLIKELY to have acquired a rent-producing asset? Your Answer Score Explanation Firm has superior information about the value of the asset. Firm purchased the asset on competitive factor markets.00 Firm has existing capabilities that make the asset more valuable to that firm. Total 0. Firm fortuitously acquires the asset due to some historical contingency. Inorrect 0.00 The capability is rare.

00 / 1.00 The firm chooses to let rivals use the asset for a fee. The firm has superior information about the underlying . Total 1. One rival firm can develop a highly effective substitute for the asset. Correct 1.00 Question 8 A value-creating asset can be acquired from a competitor for less than the value of that asset when… Your Answer Score Explanation The firm has an existing complementary capability that makes the asset less valuable to the firm than the competitor.A capability is likely to continue to produce economic profits even when which of the following is true? Your Answer Score Explanation Many firms can imitate the asset. Technology shifts so that the asset is no longer relevant in creating value.

All of the above. The firm cannot credibly commit to a course of action. Total 0.00 Technology shifts so that the asset is no longer relevant in creating value.00 / 1.00 / 1. Total 0. Inorrect 0.00 Question 9 Under which of the following conditions may a firm be able to deter imitation of a valuable capability? Your Answer Score Explanation Legal barriers. The capability was developed easily over the last 12 months. such as a patent.value of the capability.00 . Inorrect 0. are absent.00 Value derives from tight combinations between resources and activities.

00 .00 / 1.00 Hiring a talented employee away from a rival. All of the above. Investing R&D to innovate a new technology. Total 1. Correct 1.Question 10 Which of the following illustrates how an organization can build a superior capability? Your Answer Score Explanation Acquiring a competitor to gain control of their patent portfolio.

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