MBA 690 Required Quiz 3 | Central Michigan University | Questions &
Complete Solutions 2026 Update
• Question 1
1 out of 1 points
Resources that are not physical in nature, including such things as relationships with
suppliers, an organization’s culture, business processes or the skills of the founders are
resources.
Selected
Answer:
intangible
Answers: ephemeral
intangible
creative
exemplary
• Question 2
1 out of 1 points
In which of the following ways can a resource be used to create value?
Selected
Answer:
All of the above.
Answers: It can be used to lower costs while maintaining parity on product/service
features.
It can be used to add features while maintaining parity on costs and prices.
It can be used to attract new customers while maintaining value for existing
customers.
All of the above.
• Question 3
1 out of 1 points
and are the foundations of superior performance.
Selected
Answer:
Resources; capabilities
Answers:
Resources; capabilities
Assets; capital structure
Government support; market power
Profits; market share
• Question 4
1 out of 1 points
Which criterion below characterizes a resource that is unique to a business and that cannot
be appropriated by potential competitors?
Selected
Answer:
All of the above.
, Answers: rare
non-tradable
non-substitutable
All of the above.
• Question 5
1 out of 1 points
Patents, copyrights, and trademarks reveal information about a resource that makes it
easier for a rival to imitate that resource.
Selected
Answer: Fals
e
Answers: Tru
e
Fals
e
• Question 6
0 out of 1 points
Nomacorc's research helps the company design exceptionally effective wine bottle closures.
This is a good example of causal ambiguity.
Selected
Answer: Fals
e
Answers:
Tru
e
Fals
e
• Question 7
1 out of 1 points
The tradability of a resource refers to its transferability or mobility among competitors.
Selected
Answer: Tru
e
Answers:
Tru
e
Fals
e
• Question 8
1 out of 1 points
Which of the following questions should repeatedly be asked of managers to help them
understand the nature of their core resources?
Selected
Answer:
What is the cause of this outcome?
Complete Solutions 2026 Update
• Question 1
1 out of 1 points
Resources that are not physical in nature, including such things as relationships with
suppliers, an organization’s culture, business processes or the skills of the founders are
resources.
Selected
Answer:
intangible
Answers: ephemeral
intangible
creative
exemplary
• Question 2
1 out of 1 points
In which of the following ways can a resource be used to create value?
Selected
Answer:
All of the above.
Answers: It can be used to lower costs while maintaining parity on product/service
features.
It can be used to add features while maintaining parity on costs and prices.
It can be used to attract new customers while maintaining value for existing
customers.
All of the above.
• Question 3
1 out of 1 points
and are the foundations of superior performance.
Selected
Answer:
Resources; capabilities
Answers:
Resources; capabilities
Assets; capital structure
Government support; market power
Profits; market share
• Question 4
1 out of 1 points
Which criterion below characterizes a resource that is unique to a business and that cannot
be appropriated by potential competitors?
Selected
Answer:
All of the above.
, Answers: rare
non-tradable
non-substitutable
All of the above.
• Question 5
1 out of 1 points
Patents, copyrights, and trademarks reveal information about a resource that makes it
easier for a rival to imitate that resource.
Selected
Answer: Fals
e
Answers: Tru
e
Fals
e
• Question 6
0 out of 1 points
Nomacorc's research helps the company design exceptionally effective wine bottle closures.
This is a good example of causal ambiguity.
Selected
Answer: Fals
e
Answers:
Tru
e
Fals
e
• Question 7
1 out of 1 points
The tradability of a resource refers to its transferability or mobility among competitors.
Selected
Answer: Tru
e
Answers:
Tru
e
Fals
e
• Question 8
1 out of 1 points
Which of the following questions should repeatedly be asked of managers to help them
understand the nature of their core resources?
Selected
Answer:
What is the cause of this outcome?
