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MGMT 4513 FINAL EXAM 2025 UPDATED
ACTUAL EXAM WITH CORRECT SOLUTIONS.
Which of the following would be the most difficult to assess?
A. The deficiency with which a firm utilizes its assets
B. The liquidity position of a firm
C. Market share growth
D. The legitimacy and reputation of a firm - correct answer- D.
The legitimacy and reputation of a firm
True or False
A newly acquired business must always have products that are
similar to the existing businesses' products to benefit from the
corporation's core competence - correct answer- False
A crash R&D program buy one firm cannot replicate a
successful technology developed by another firm when
research findings cumulate. This is an example of
A. Social complexity
B. Path dependency
C. Physical uniqueness
D. Casual ambiguity - correct answer- B. Path dependency
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Although firm infrastructure is often viewed only as an overhead
expense, it can become a source of competitive advantage.
Examples include all of the following except;
A. Marketing expertise increasing a firm's revenues and
enabling it to enter new markets
B. Negotiating and maintaining ongoing relations and regulatory
bodies
C. Effective information systems contributing significantly to a
firm's overall cost leadership strategy
D. Top management proving a key role in collaborating with
important customers - correct answer- A. Marketing expertise
increasing a firm's revenues and enabling it to enter new
markets
A resource is valuable and rare but neither difficult to imitate
nor without substitutes. This should enable the firm to attain
A. No competitive advantage
B. Competitive parity
C. A sustainable competitive advantage
D. A temporary competitive advantage - correct answer- D. A
temporary competitive advantage
True or False
MGMT 4513 FINAL EXAM 2025 UPDATED
ACTUAL EXAM WITH CORRECT SOLUTIONS.
Which of the following would be the most difficult to assess?
A. The deficiency with which a firm utilizes its assets
B. The liquidity position of a firm
C. Market share growth
D. The legitimacy and reputation of a firm - correct answer- D.
The legitimacy and reputation of a firm
True or False
A newly acquired business must always have products that are
similar to the existing businesses' products to benefit from the
corporation's core competence - correct answer- False
A crash R&D program buy one firm cannot replicate a
successful technology developed by another firm when
research findings cumulate. This is an example of
A. Social complexity
B. Path dependency
C. Physical uniqueness
D. Casual ambiguity - correct answer- B. Path dependency
, 2 | Page
Although firm infrastructure is often viewed only as an overhead
expense, it can become a source of competitive advantage.
Examples include all of the following except;
A. Marketing expertise increasing a firm's revenues and
enabling it to enter new markets
B. Negotiating and maintaining ongoing relations and regulatory
bodies
C. Effective information systems contributing significantly to a
firm's overall cost leadership strategy
D. Top management proving a key role in collaborating with
important customers - correct answer- A. Marketing expertise
increasing a firm's revenues and enabling it to enter new
markets
A resource is valuable and rare but neither difficult to imitate
nor without substitutes. This should enable the firm to attain
A. No competitive advantage
B. Competitive parity
C. A sustainable competitive advantage
D. A temporary competitive advantage - correct answer- D. A
temporary competitive advantage
True or False
