The document provides information on internal environment concepts including matching type questions about value chain, current ratio, rare resources and true or false questions about tangible resources, internal analysis, value chain support activities, sustaining competitive advantage, and exploiting opportunities. It tests understanding of key internal analysis terms and concepts used to evaluate a firm's strengths, weaknesses, and strategies.
The document provides information on internal environment concepts including matching type questions about value chain, current ratio, rare resources and true or false questions about tangible resources, internal analysis, value chain support activities, sustaining competitive advantage, and exploiting opportunities. It tests understanding of key internal analysis terms and concepts used to evaluate a firm's strengths, weaknesses, and strategies.
The document provides information on internal environment concepts including matching type questions about value chain, current ratio, rare resources and true or false questions about tangible resources, internal analysis, value chain support activities, sustaining competitive advantage, and exploiting opportunities. It tests understanding of key internal analysis terms and concepts used to evaluate a firm's strengths, weaknesses, and strategies.
1. There is no equivalent strategic resources or a. Value
capabilities. Chain 2. The extent to which a firm can meet its short-term b. Survival obligations. c. Difficult to 3. A method for assessing strength and weaknesses substitute which divides the business into a number of linked of d. Rare activities. e. Return on 4. It is measured through company's cash flow. sales 5.When ayou resource or capability is not possess by f. Current many firms. Ratio II. True or False
1. A firm's cash account and cash equivalents are examples of
Tangible Resources. 2. The importance of Internal Analysis is to identify the strength to build on and weaknesses to overcome as they formulate strategies for competitive advantage. 3. The Support activities in Value chain are Inbound/Outbound logistics, Operations, Marketing and sales , and services. 4. There will be a temporary competitive advantage if all criteria in sustaining resources were met. 5. Neutralize threats and exploit opportunities is the implication if a resource is valuable.