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CA Inter Resource-Based View — practice questions

Explore 54 free Resource-Based View questions in CA Inter Strategic Management. Open each question or exercise to read its content, reference answers and available explanation.

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Resource-Based View questions and exercises with answers

Showing questions 1–30 of 54.

The resource-based view directs managerial attention mainly to a firm'sRead the answer and worked solution →In the VRIN criteria, the letter N stands forRead the answer and worked solution →RBV arose as a reaction against which school of strategy?Read the answer and worked solution →In which decade did RBV become the dominant strategic planning paradigm?Read the answer and worked solution →The positioning school of the 1980s focused managers mainly onRead the answer and worked solution →Edith Penrose's 1959 book that influenced RBV is titledRead the answer and worked solution →Capabilities in RBV are resources whose purpose is toRead the answer and worked solution →Which of these is an intangible resource of a firm?Read the answer and worked solution →The heterogeneity assumption in RBV means thatRead the answer and worked solution →The immobility assumption in RBV means that resources areRead the answer and worked solution →RBV is considered more flexible than whose prescriptive approach?Read the answer and worked solution →Which is not among Hooley's competitive positions?Read the answer and worked solution →Tailored positioning in Hooley's list is also calledRead the answer and worked solution →One widely cited criticism says RBV isRead the answer and worked solution →Critics say RBV overlooks which type of factor?Read the answer and worked solution →The first step in the values-based view of strategy isRead the answer and worked solution →In the values-based view, management practices shouldRead the answer and worked solution →Who introduced the value chain concept in 1985?Read the answer and worked solution →Porter's book Competitive Advantage, which introduced the value chain, appeared inRead the answer and worked solution →How many primary activities does Porter's value chain have?Read the answer and worked solution →Inbound logistics deals mainly withRead the answer and worked solution →Which primary activity converts raw materials, labour and energy into goods?Read the answer and worked solution →Outbound logistics covers theRead the answer and worked solution →The service activity in the value chain involvesRead the answer and worked solution →Which of these is a support activity in Porter's value chain?Read the answer and worked solution →Accounting, legal, finance and quality assurance belong to which support activity?Read the answer and worked solution →Recruiting, training and compensating personnel fall underRead the answer and worked solution →Technological development in the value chain coversRead the answer and worked solution →Porter says a value chain is best built at the level of theRead the answer and worked solution →Why does Porter avoid company-wide value chain analysis?Read the answer and worked solution →

Worked practice questions

The resource-based view directs managerial attention mainly to a firm's

  1. Government policy
  2. Internal resources
  3. Customer segments
  4. Industry structure
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Correct answer: B. Internal resources

RBV looks inward at the assets, capabilities and competencies that can deliver superior advantage.

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In the VRIN criteria, the letter N stands for

  1. Naturally occurring
  2. Notable resources
  3. Negotiable resources
  4. Non-substitutable
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Correct answer: D. Non-substitutable

VRIN means valuable, rare, imperfectly imitable and non-substitutable, so N is non-substitutable.

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RBV arose as a reaction against which school of strategy?

  1. Cultural school
  2. Learning school
  3. Design school
  4. Positioning school
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Correct answer: D. Positioning school

RBV challenged the positioning school, which had stressed industry structure through the 1980s.

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How to practise

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