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Flashcards in chapter 4 Deck (7)
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1
Q

explain how value is created from a firm’s resources and capabilities

A

a SWOT analysis engages managers to ascertain a firm’s strengths and weaknesses on an activity-by-activity basis relative to rivals

2
Q

VRIO framework centers on

A

value, rarity, imitability, organizational attributes of resources and capabilities

3
Q

A VRIO framework suggests that only resources and capabilities that are v__, r__, i__, and o___

A

valuable rare inimitable and organizationally embedded

4
Q

甚麼activity適合outsourcing?

A

an activity with high degree of industry commonality

5
Q

甚麼activity適合in-house?

A

firm-specific(proprietary)activity is better performed in-house

6
Q

4 choices for managers in terms of modes and locations

A
  1. offshoring 2. inshoring 3. captive sourcing/FDI 4. domestic in-house activity
7
Q

a leading perspective in global business that posits that firm performance is fundamentally driven by differences in firm-specific resources and capabilities

A

resource-based view