Glo-Bus Ch 4 Exam Questions +
Verified Answers 100% correct, Update
2026
When a company gains the experience and know-how to perform
an activity consistently well and at an acceptable cost, it is said to
have -
correct answer ✅a competence in performing that activity
According to Figure 4.5 and the related discussion, one option a
company has for achieving competitive advantage is by out-
managing rivals in -
correct answer ✅performing certain differentiation-enhancing
value chain activities more proficiently than rivals, thus creating a
differentiation-based competitive advantage keyed to delivering
what customers perceive as a superior product offering
Which of the following is not one of the six questions that comprise
the task of evaluating a company's collection of resources and
capabilities, the competitiveness of its prices and internal operating
costs, and its competitive strength versus rivals -
correct answer ✅What are the the company's most profitable
geographic market segments?
According to Figure 4.1, which of the following is NOT pertinent in
identifying a company's present strategy? -
correct answer ✅The number and type of core competencies a
, Glo-Bus Ch 4 Exam Questions +
Verified Answers 100% correct, Update
2026
company has and the kinds of activities that comprise its value
chain
Which of the following is NOT one of the objectives of
benchmarking -
correct answer ✅To learn which company in an industry is using
the greatest number of best practices in performing its value chain
activities and thus very likely has the industry's lowest cost value
chain
Which of the following is an accurate interpretation of the overall
competitive strength ratings that result from doing a competitive
strength assessment (as illustrated in Table 4.3 and explained in the
accompanying discussion)? -
correct answer ✅The higher a company's overall competitive
strength score/rating the stronger is its competitiveness and ability
to compete successfully against rival industry members; low scores
signal weak competitiveness and probable competitive
disadvantage compared to rivals with higher scores
In Table 4.2, which one of the following is not an example of a
potential market opportunity that a company may have? -
correct answer ✅Launching initiatives to try to block the entry (or
Verified Answers 100% correct, Update
2026
When a company gains the experience and know-how to perform
an activity consistently well and at an acceptable cost, it is said to
have -
correct answer ✅a competence in performing that activity
According to Figure 4.5 and the related discussion, one option a
company has for achieving competitive advantage is by out-
managing rivals in -
correct answer ✅performing certain differentiation-enhancing
value chain activities more proficiently than rivals, thus creating a
differentiation-based competitive advantage keyed to delivering
what customers perceive as a superior product offering
Which of the following is not one of the six questions that comprise
the task of evaluating a company's collection of resources and
capabilities, the competitiveness of its prices and internal operating
costs, and its competitive strength versus rivals -
correct answer ✅What are the the company's most profitable
geographic market segments?
According to Figure 4.1, which of the following is NOT pertinent in
identifying a company's present strategy? -
correct answer ✅The number and type of core competencies a
, Glo-Bus Ch 4 Exam Questions +
Verified Answers 100% correct, Update
2026
company has and the kinds of activities that comprise its value
chain
Which of the following is NOT one of the objectives of
benchmarking -
correct answer ✅To learn which company in an industry is using
the greatest number of best practices in performing its value chain
activities and thus very likely has the industry's lowest cost value
chain
Which of the following is an accurate interpretation of the overall
competitive strength ratings that result from doing a competitive
strength assessment (as illustrated in Table 4.3 and explained in the
accompanying discussion)? -
correct answer ✅The higher a company's overall competitive
strength score/rating the stronger is its competitiveness and ability
to compete successfully against rival industry members; low scores
signal weak competitiveness and probable competitive
disadvantage compared to rivals with higher scores
In Table 4.2, which one of the following is not an example of a
potential market opportunity that a company may have? -
correct answer ✅Launching initiatives to try to block the entry (or
