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MNB3701 Assignment 3 Semester 1 (2022)

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Principles of Global Business Management
MNB3701


Semester 1
Assignment 3
Unique Number: 816855


Department of Business Management

, Question 1

Non-value creating capabilities may lead to…

a. a competitive disadvantage.
b. temporary competitive advantage.
c. a competitive advantage.
d. dynamic disadvantage.



Question 2

The economic advantage one nation enjoys due to higher productivity in an
economic activity is known as...

a. an absolute advantage
b. a comparative advantage
c. factor endowments
d. a national competitive advantage.

Question 3

An organization has a sustainable competitive advantage when…

when the resources that the organisation possesses are valuable, and imitable.
when there is no casual ambiguity between the resources that an organization
possesses and imperfect imitability.
current competitors are not implementing the same strategy.
current and potential competitors are not implementing the same strategy and these
competitors are unable to duplicate the benefits of the strategy.

Question 4

An economic condition were nations exports more than it imports is referred to
as a

a. trade imbalance.
b. trade surplus.
c. balance of payments.
d. trade deficit.
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