CAPSIM EXAM 2 WITH 100% CORRECT ANSWERS

CAPSIM EXAM 2 WITH 100% CORRECT ANSWERS The common types of valuable resources and competitive capabilities that management should consider when crafting a strategy include - answer- a skill, expertise, or capability - physical and intangible assets - human and intellectual capital - organizational assets and alliances NOT - market share, profit growth, increase in stock price Every organization has many resources, capabilities, and routines; however, those few things the company does really well and performs with a very high proficiency are termed - answerdistinct capabilities A company's competitive strength scores - answerpinpoint its strengths/weaknesses against rivals and point to offensive/defensive strategies capable of producing first rate results Which of the following is not a tangible resource? - answerA company's reputation for integrity and quality products A company's value chain - answerconsists of two categories: primary activities creating customer value and support activities that facilitate/enhance the performance of primary activities. Which of the following is not a value driver of a broad differentiation strategy? - answerUsing just-in-time inventories and made-to-order products when customer demand rises The target market of a best-cost provider strategy is - answervalue-conscious buyers Companies can pursue differentiation from many angles including - answer- providing a unique competitive product taste - executing superior customer service