MAN4720 2025/2026 Exam Questions
with 100% Correct Answers | Latest
Update
business strategy - 🧠 ANSWER ✔✔the creation of a unique and valuable position
involving a different set of activities (how to compete?)
competitive advantage - 🧠 ANSWER ✔✔strategy competitors are unable to
duplicate or find too costly to try to imitate
resources - 🧠 ANSWER ✔✔inputs into a firm's production process (tangible &
intangible)
capability - 🧠 ANSWER ✔✔the ability for a set of resources to perform a
task/activity in an integrated manner
valuable capability - 🧠 ANSWER ✔✔allow firms to exploit opportunities or
neutralize threats in it's external environment
rare capability - 🧠 ANSWER ✔✔capabilities that few, if any, competitors possess
1
COPYRIGHT@SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, costly-to-imitate capability - 🧠 ANSWER ✔✔capabilities that other firms cannot
easily develop
non-substitutable capability - 🧠 ANSWER ✔✔capabilities that do not have
strategic equivalents
exploitable - 🧠 ANSWER ✔✔can the organization exploit the resources or
capability?
core competency - 🧠 ANSWER ✔✔resource and capabilities that serve as a source
of competitive advantage for a firm over its rivals
core rigidities - 🧠 ANSWER ✔✔former core competencies that sow the seeds of
organizational inertia and prevent the firm from responding to changes in the
environment
corporate-level strategy - 🧠 ANSWER ✔✔concerned with determining the
business in which the company intends to compete and how to manage its different
businesses (where to compete?)
vision - 🧠 ANSWER ✔✔a picture of what the firm wants to be and in broad terms
what it wants to ultimately achieve
2
COPYRIGHT@SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
with 100% Correct Answers | Latest
Update
business strategy - 🧠 ANSWER ✔✔the creation of a unique and valuable position
involving a different set of activities (how to compete?)
competitive advantage - 🧠 ANSWER ✔✔strategy competitors are unable to
duplicate or find too costly to try to imitate
resources - 🧠 ANSWER ✔✔inputs into a firm's production process (tangible &
intangible)
capability - 🧠 ANSWER ✔✔the ability for a set of resources to perform a
task/activity in an integrated manner
valuable capability - 🧠 ANSWER ✔✔allow firms to exploit opportunities or
neutralize threats in it's external environment
rare capability - 🧠 ANSWER ✔✔capabilities that few, if any, competitors possess
1
COPYRIGHT@SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, costly-to-imitate capability - 🧠 ANSWER ✔✔capabilities that other firms cannot
easily develop
non-substitutable capability - 🧠 ANSWER ✔✔capabilities that do not have
strategic equivalents
exploitable - 🧠 ANSWER ✔✔can the organization exploit the resources or
capability?
core competency - 🧠 ANSWER ✔✔resource and capabilities that serve as a source
of competitive advantage for a firm over its rivals
core rigidities - 🧠 ANSWER ✔✔former core competencies that sow the seeds of
organizational inertia and prevent the firm from responding to changes in the
environment
corporate-level strategy - 🧠 ANSWER ✔✔concerned with determining the
business in which the company intends to compete and how to manage its different
businesses (where to compete?)
vision - 🧠 ANSWER ✔✔a picture of what the firm wants to be and in broad terms
what it wants to ultimately achieve
2
COPYRIGHT@SARAHROSAPERAL 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
