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BUSI 311 Questions with CORRECT Answers

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Course BUSI 311
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BUSI 311 Questions with CORRECT Answers

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BUSI 311 (2) Questions with CORRECT Answers


Question:
The resourcebased view is developed on the insight that competitors do not share
certain resources and capabilities specific to one's firm. Select one: True False
Answer:
True

Question:
A SWOT analysis deals with a firm's external S (strengths) and W (weaknesses), and
internal O (opportunities) and T (threats). Select one: True False
Answer:
False

Question:
The SWOT analysis exclusively focuses on the value and imitability aspects of the
resources and capabilities of a firm. Select one: True False
Answer:
False

Question:
The value chain exclusively deals with a firm's primary activities. Select one:
True False
Answer:
False

Question:
A competitive advantage that is sustained implies that it is permanent. Select
one: True False
Answer:
False

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