BADM 495 QUIZ 3 UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Question:
1. True or False:
Resources are a stock and are defined as things and
organization has and can access.
Answer:
True
Question:
2. Intangible resources include:
a. Things that can be seen, touched, bought, or sold
b. Characteristics of a resource
c. Soft factors such as trust and reputation
d. Activities an organization does
Answer:
c. Soft factors such as trust and reputation
Question:
3. True or False:
The Resource Based View of the organization considers
both internal and external perspectives when analyzing
the 5 characteristics of resources.
Answer:
True
Question:
4. Durability is one of the RBV tests that:
a. Determines who gets the value of the resource
b. Is associated with depreciation
c. Describes if an item is high quality
d. Makes a resource difficult to copy
Answer:
b. Is associated with depreciation
Question:
5. The value creation zone includes:
Answer:
Appropriability, scarcity, and demand
CORRECT ANSWERS
Question:
1. True or False:
Resources are a stock and are defined as things and
organization has and can access.
Answer:
True
Question:
2. Intangible resources include:
a. Things that can be seen, touched, bought, or sold
b. Characteristics of a resource
c. Soft factors such as trust and reputation
d. Activities an organization does
Answer:
c. Soft factors such as trust and reputation
Question:
3. True or False:
The Resource Based View of the organization considers
both internal and external perspectives when analyzing
the 5 characteristics of resources.
Answer:
True
Question:
4. Durability is one of the RBV tests that:
a. Determines who gets the value of the resource
b. Is associated with depreciation
c. Describes if an item is high quality
d. Makes a resource difficult to copy
Answer:
b. Is associated with depreciation
Question:
5. The value creation zone includes:
Answer:
Appropriability, scarcity, and demand
