WHICH OF THE FOLLOWING IS NOT ONE OF PORTER’S FIVE FORCES?

20 May WHICH OF THE FOLLOWING IS NOT ONE OF PORTER’S FIVE FORCES?

The basic principle of __________ is that incremental production costs decline at a
constant rate as production experience is gained.
Learning curve

Question 2
3 out of 3 points

Which of the following is not one of Porter’s five forces?
Risk of exist

Question 3

0 out of 3 points

Acting with integrity, promoting sustainability, protecting the environment, are examples of
____________.

Question 4
3 out of 3 points
Your firm has moved down the learning curve and is now producing a very high volume of goods,
so high in fact that your purchasing department has been complaining about the high supply prices
for raw materials that they have been paying because of the need to buy from the industry’s largest
supplier. It is now obvious that your firm _______________.

Question 5

3 out of 3 points

_________ are specific performance targets in each of the areas covered by a firm’s
mission.
Objective

Question 6
3 out of 3 points
Aside from having a very intimidating top management that collectively does not want to hear
bad news, the organization’s ________________ can contribute to poor ethical behavior among
its employees.

Question 7

0 out of 3 points

The least costly basis of product differentation to duplicate _______.
Product features

Question 8
3 out of 3 points

Porsche is an example of a company that pursues _________.

Horizontal Integration

Question 9

3 out of 3 points

The most important characteristic of a firm’s resources and capabilities, in terms
of sustaining competitive advantage is ________.
http://www.quickmba.com/strategy/competitive­advantage/

Question 10
3 out of 3 points

Which of the following is a characteristic of a successful environmental scanning
(ES) system?

Question 11

3 out of 3 points

Which of the following would be considered an intangible resource?
An intangible asset is an asset that lacks a physical substance.
How it works/Example:
For example, goodwill, patents, trademarks and copyrights are intangible assets. None of these assets can be
physically touched, but they can still have value.
The line item for intangible assets is found on the balance sheet. Though goodwill is considered an intangible
asset, it’s often listed as a separate line item.

[InvestingAnswers Feature: Financial Statements for Beginners — The Balance Sheet]
Why it Matters:
Intangible assets can be a significant percentage of a company’s total assets, and therefore have a big impact
on a firm’s book value. In most cases, an analyst calculating book value will only include those intangible
assets that can be separated from the company and sold. Goodwill cannot be separated from the company, so
it is generally not included in book value calculations. But a valuable patent can be sold, and would be included
in book value.
To learn more, click here to see A Simple Method for Calculating Book Value.

Question 12
0 out of 3 points

______ is considered a vehicle in the Business Strategy Diamond.
Franchising
C) Acquisitions
D) Joint ventures

Question 13

0 out of 3 points

Which of the following is a nonfinancial performance metric?

Question 14

0 out of 3 points

Having embedded innovation processes that result in an unique culture creates
causal ambiguity that is difficult to imitate because it is ______.

Question 15
3 out of 3 points
Drivers of a low cost strategy can include which of the following?

Question 16
0 out of 3 points

The total of primary and support activities by which a firm produces, distributes, and markets a
product is best known as ____________.

Question 17

0 out of 3 points

Learning and creating strategies based oneveryday observation throughout the
lower­levels of the organization is consistent with the notion of _____.

Question 18
3 out of 3 points
With respect to the mobile phone industry, if Apple were to acquire Samsung this would
__________________.

Question 19

0 out of 3 points

Which of the following statements is correct?

Question 20

0 out of 3 points

When considering the VRINE model you could conclude that _______.

Question 21

3 out of 3 points

The minimum scale needed to achieve maximum cost savings is also known as
__________.

Question 22
0 out of 3 points
From the perspective of the United States Government, the rise of organizations such as ISIS in the
Middle East represents _____________,

Question 23

0 out of 3 points

All of the following except ________ are considered first­mover advantages.

Question 24

0 out of 3 points

The ___________perspective on competitive advantage enhances our understanding on why it is
difficult to sustain an advantage over rivals.