MGMT 6100 Final Exam
MGMT 6100 Final Exam with Complete
Questions and Correct Answers Top
Rated A+ Latest Version 2025
Cartech Inc. is a manufacturer of automobile parts, which it sells to retail auto supply stores.
Its core competencies include superior design and engineering capabilities, as well as a
highly integrated and efficient supply chain. To sustain its competitive advantage, Cartech
should first
A) seek to replicate its nearest competitor's competency in innovative marketing.
B) attempt to cut costs by replacing assembly line workers with robots.
C) upgrade its engineering department and improve its supply chain.
D) diversify its product offerings by developing parts for construction equipment.
- Correct Answer :C
Beats Electronics has been able to outperform Audio-Technica, Bose, JBL, Skullcandy,
Sennheiser, and Sony in the high-end, premium headphone market. Which of the following
statements accurately explains one of the main reasons for the success of Beats?
A) It produced the highest-quality headphones.
B) It created a perception that owning its products was cool.
C) It emphasized marketing over core competency.
D) It focused on sponsoring future athletic superstars.
- Correct Answer :B
A+ TEST BANK 1
, MGMT 6100 Final Exam
Cloud Cones is a fast-growing chain of ice cream shops. It has acquired an edge over its
competitors through its ability to provide a wide array of unique flavors and a hip
atmosphere in stores. This advantage of Cloud Cones best exemplifies a
A) markup.
B) resource flow.
C) capital gain.
D) core competency.
- Correct Answer :D
Organizational and managerial skills that find their expression in a company's structure,
routines, and culture are referred to as
A) tangible resources.
B) reserves.
C) capital gains.
D) capabilities.
- Correct Answer :D
Amazon.com's network of distribution centers allow it to drastically reduce its delivery times
compared to other online retailers. These distribution centers are examples of Amazon's
A) core competency.
B) intangible resources.
C) tangible resources.
D) capabilities.
- Correct Answer :C
A+ TEST BANK 2
, MGMT 6100 Final Exam
The management of a company is assessing the value of all the tangible resources the
company owns. Which of the following will be included in this assessment?
A) a reputation for fast customer service
B) a culture of proactive communication
C) patents for electronic components
D) the punch presses that produce parts
- Correct Answer :D
As manager of a relatively new company, you are tasked with analyzing company resources
to identify core competencies capable of supporting a competitive advantage. Which of the
following resources is most likely to generate a competitive advantage?
A) new production facilities
B) large cash holdings
C) stockpile of supplies
D) enthusiastic company culture - Correct Answer :D
Smooth Fusion Inc. is a software company that has built and acquired numerous assets over
the years. According to the resource-based view of a firm, which of the following assets of
Smooth Fusion Inc. will best enable it to gain and sustain a competitive advantage?
A) the cloud computing service that it uses
B) the capital the company raised from its shareholders
C) the expertise acquired by the employees in the company
D) the headquarters building owned by the company - Correct Answer :C
Which of the following statements accurately brings out the difference between tangible
and intangible resources?
A) Tangible resources contribute to a company's competitive advantage, whereas intangible
resources have little effect on competitive advantage.
A+ TEST BANK 3
, MGMT 6100 Final Exam
B) Tangible assets can be bought on the open market by anyone with the necessary cash,
whereas intangible assets cannot be easily purchased.
C) Tangible resources take a longer time to build, whereas intangible assets can be built
comparatively easily.
D) Tangible assets are difficult for competitors to imitate, whereas intangible assets can be
easily replicated. - Correct Answer :B
GN Corp. and BC Inc. are two competing firms in the same industry. GN Corp.'s tangible
assets are valued at $15 billion and its intangible assets are valued at $35 billion. BC Inc.'s
tangible assets are valued at $5 billion and its intangible assets are valued at $45 billion. What
can be concluded from this information?
A) BC Inc. will be less competitive than GN Corp. because of its smaller investment in
tangible assets.
B) It is likely that BC Inc. is better enabled than GN Corp. to gain and sustain a competitive
advantage.
C) Judging from the assets listed, BC Inc. has probably been in the industry a much shorter
time than GN Corp.
D) There is no resource heterogeneity between the two firms, BC Inc. and GN Corp., as they
operate in the same industry. - Correct Answer :B
Threadbare Industries is a new high-end textile company that has raised sufficient capital
from multiple sources. It is planning to use its capital to purchase certain assets. Which of
the following assets will be the most difficult for Threadbare Industries to acquire using its
capital?
A) a new CEO
B) software
C) a lease for a new building
D) brand name - Correct Answer :D
Home Value Inc., Max Cart Inc., and Nice Necessities Inc. are three consumer-product
retailing companies. Their products consist primarily of day-to-day items that are easy to
A+ TEST BANK 4
MGMT 6100 Final Exam with Complete
Questions and Correct Answers Top
Rated A+ Latest Version 2025
Cartech Inc. is a manufacturer of automobile parts, which it sells to retail auto supply stores.
Its core competencies include superior design and engineering capabilities, as well as a
highly integrated and efficient supply chain. To sustain its competitive advantage, Cartech
should first
A) seek to replicate its nearest competitor's competency in innovative marketing.
B) attempt to cut costs by replacing assembly line workers with robots.
C) upgrade its engineering department and improve its supply chain.
D) diversify its product offerings by developing parts for construction equipment.
- Correct Answer :C
Beats Electronics has been able to outperform Audio-Technica, Bose, JBL, Skullcandy,
Sennheiser, and Sony in the high-end, premium headphone market. Which of the following
statements accurately explains one of the main reasons for the success of Beats?
A) It produced the highest-quality headphones.
B) It created a perception that owning its products was cool.
C) It emphasized marketing over core competency.
D) It focused on sponsoring future athletic superstars.
- Correct Answer :B
A+ TEST BANK 1
, MGMT 6100 Final Exam
Cloud Cones is a fast-growing chain of ice cream shops. It has acquired an edge over its
competitors through its ability to provide a wide array of unique flavors and a hip
atmosphere in stores. This advantage of Cloud Cones best exemplifies a
A) markup.
B) resource flow.
C) capital gain.
D) core competency.
- Correct Answer :D
Organizational and managerial skills that find their expression in a company's structure,
routines, and culture are referred to as
A) tangible resources.
B) reserves.
C) capital gains.
D) capabilities.
- Correct Answer :D
Amazon.com's network of distribution centers allow it to drastically reduce its delivery times
compared to other online retailers. These distribution centers are examples of Amazon's
A) core competency.
B) intangible resources.
C) tangible resources.
D) capabilities.
- Correct Answer :C
A+ TEST BANK 2
, MGMT 6100 Final Exam
The management of a company is assessing the value of all the tangible resources the
company owns. Which of the following will be included in this assessment?
A) a reputation for fast customer service
B) a culture of proactive communication
C) patents for electronic components
D) the punch presses that produce parts
- Correct Answer :D
As manager of a relatively new company, you are tasked with analyzing company resources
to identify core competencies capable of supporting a competitive advantage. Which of the
following resources is most likely to generate a competitive advantage?
A) new production facilities
B) large cash holdings
C) stockpile of supplies
D) enthusiastic company culture - Correct Answer :D
Smooth Fusion Inc. is a software company that has built and acquired numerous assets over
the years. According to the resource-based view of a firm, which of the following assets of
Smooth Fusion Inc. will best enable it to gain and sustain a competitive advantage?
A) the cloud computing service that it uses
B) the capital the company raised from its shareholders
C) the expertise acquired by the employees in the company
D) the headquarters building owned by the company - Correct Answer :C
Which of the following statements accurately brings out the difference between tangible
and intangible resources?
A) Tangible resources contribute to a company's competitive advantage, whereas intangible
resources have little effect on competitive advantage.
A+ TEST BANK 3
, MGMT 6100 Final Exam
B) Tangible assets can be bought on the open market by anyone with the necessary cash,
whereas intangible assets cannot be easily purchased.
C) Tangible resources take a longer time to build, whereas intangible assets can be built
comparatively easily.
D) Tangible assets are difficult for competitors to imitate, whereas intangible assets can be
easily replicated. - Correct Answer :B
GN Corp. and BC Inc. are two competing firms in the same industry. GN Corp.'s tangible
assets are valued at $15 billion and its intangible assets are valued at $35 billion. BC Inc.'s
tangible assets are valued at $5 billion and its intangible assets are valued at $45 billion. What
can be concluded from this information?
A) BC Inc. will be less competitive than GN Corp. because of its smaller investment in
tangible assets.
B) It is likely that BC Inc. is better enabled than GN Corp. to gain and sustain a competitive
advantage.
C) Judging from the assets listed, BC Inc. has probably been in the industry a much shorter
time than GN Corp.
D) There is no resource heterogeneity between the two firms, BC Inc. and GN Corp., as they
operate in the same industry. - Correct Answer :B
Threadbare Industries is a new high-end textile company that has raised sufficient capital
from multiple sources. It is planning to use its capital to purchase certain assets. Which of
the following assets will be the most difficult for Threadbare Industries to acquire using its
capital?
A) a new CEO
B) software
C) a lease for a new building
D) brand name - Correct Answer :D
Home Value Inc., Max Cart Inc., and Nice Necessities Inc. are three consumer-product
retailing companies. Their products consist primarily of day-to-day items that are easy to
A+ TEST BANK 4
