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Chapter Six: Resource Analysis
Multiple Choice
Answer: d
Difficulty: easy
Page: 107
Answer: b
Difficulty: easy
Page: 107
Answer: b
Difficulty: easy
Page: 110
Answer: b
Difficulty: moderate
Page: 110
Answer: c
Difficulty: easy
Page: 110
MC 6-6 Resources that have the potential to give an organization a competitive advantage are
a. expensive, readily transferrable, covered by patents, and developed over time
b. single purpose, embedded in organizational routines, easy to copy, short lived
c. valuable, rare, difficult to copy, and organized effectively
d. codified, sustainable, technical, and sufficient
Answer: c
Difficulty: easy
Page: 111
MC 6-7 Resources that can be used by the organization to address an environmental threat are
a. valuable
b. rare
c. sustainable
d. easy to copy
Answer: a
Difficulty: moderate
Page: 111
MC 6-8 The advantage provided by resources that are held by few competitors is
a. enduring
b. sustainable
c. temporary
d. enabling
Answer: c
Difficulty: moderate
Page: 111
Answer: b
Difficulty: easy
Page: 112
MC 6-11 Competitive advantages that are not intuitively obvious are an example of
a. causal ambiguity
b. competitive parity
c. inimitable resources
d. path-dependency
Answer: a
Difficulty: moderate
Page: 112
Answer: b
Difficulty: moderate
Page: 112
Answer: c
Difficulty: easy
Page: 112
Answer: d
Difficulty: moderate
Page: 109
Answer: b
Difficulty: moderate
Page: 115
Answer: d
Difficulty: challenging
Page: 116
MC 6-17 One of the elements taken into consideration when conducting a resource analysis by
strategy component is
a. managerial preferences
b. break-even point
c. government regulation
d. value proposition
Answer: d
Difficulty: easy
Page: 117
Answer: a
Difficulty: easy
Page: 121
MC 6-20 Strategic proposals that fit well with the environment and available resources are further
evaluated based on
a. product-market focus
b. break-even point
c. the level of initial investment
d. managerial preferences
Answer: d
Difficulty: moderate
Page: 123
Answer: c
Difficulty: moderate
Page: 123
Answer: d
Difficulty: moderate
Page: 124
Answer: d
Difficulty: easy
Page: 123
Answer: c
Difficulty: easy
Page: 124
Answer: d
Difficulty: moderate
Page: 124
True/False
Answer: t
Difficulty: easy
Page: 107
Answer: t
Difficulty: easy
Page: 107
Answer: t
Difficulty: moderate
Page: 109
Answer: f
Difficulty: moderate
Page: 111
TF 6-30 Resources that are easy to imitate or readily substitutable give the organization a
competitive advantage.
Answer: f
Difficulty: moderate
Page: 111
Answer: t
Difficulty: easy
Page: 111
Answer: f
Difficulty: moderate
Page: 112
TF 6-33 The social values of an organization can enhance or undermine the resources of the
organization.
Answer: t
Difficulty: easy
Page: 113
TF 6-34 Resources can drive strategy, but they seldom constrain strategy.
Answer: f
Difficulty: easy
Page: 114
Answer: f
Difficulty: challenging
Page: 115
TF 6-36 Inwardly focused firms that base their strategies on leveraging existing resources are
well positioned to take advantage of changes in customer preferences.
Answer: f
Difficulty: challenging
Page: 115
TF 6-37 One of the factors to consider when evaluating the strategy-resource linkage is the
feasibility of closing any material gaps.
Answer: t
Difficulty: moderate
Page: 115-116
Answer: t
Difficulty: moderate
Page: 117
TF 6-39 A strategy based on superior product features will require a careful analysis of the
development resources of the organization.
Answer: t
Difficulty: moderate
Page: 108 and 118
Answer: f
Difficulty: challenging
Page: 118
TF 6-41 Gap-closing initiatives that depend on some form of organization change are riskier
than those entailing additional costs.
Answer: t
Difficulty: challenging
Page: 122
Answer: t
Difficulty: challenging
Page: 122
TF 6-43 Failure to implement a strategic proposal may result in penalties such as loss of
market position.
Answer: t
Difficulty: moderate
Page: 123
TF 6-44 In rapidly changing environments, organizations need resources that can be re-
configured relatively easily.
Answer: t
Difficulty: easy
Page: 123
TF 6-45 Strategic alliances are sometimes used to complement the capabilities of the
organization.
Answer: t
Difficulty: moderate
Page: 123
TF 6-46 Opportunities and threats emerge from a scan of the internal environment.
Answer: f
Difficulty: moderate
Page: 123
Answer: t
Difficulty: moderate
Page: 124
TF 6-48 The purpose of testing the strategy-resource linkage is to establish where value can be
created.
Answer: t
Difficulty: moderate
Page: 124
Answer: f
Difficulty: easy
Page: 124
TF 6-50 Testing the strategy-resource linkage identifies what the organization needs to do to
compete.
Answer: f
Difficulty: easy
Page: 124
“By far the best account of the Paris conference which has yet
appeared.”
Reviewed by W: MacDonald
“Their book will meet the needs of the many now looking for just
such a graphic account of the methods of the peace conference in
dealing with important questions.”
20–8364
“Major Elmer Haslett has written, in ‘Luck on the wing,’ just the
kind of book we need, now that we all have some perspective—
though little, I admit—on the war. It is full of the fire and fervor of
youth, good-natured, natural—a splendid picture of the fighting
airman.” C: H. Towne
“For those who have shared our ignorance of the aerial observer,
this book should be of value.”
[2]
HASLUCK, EUGENE LEWIS. Teaching of
history. (Cambridge handbooks for teachers) *$3.20
Macmillan 907
20–15704
Great changes had taken place on the earth’s surface in 2150. The
German empire had been wiped out and all that was left of it was the
roof of Berlin looming up to the height of three hundred metres out
of a bomb-torn desert that had once been Germany. The German
people themselves now lived underground, three hundred million of
them. It was an American chemical engineer who, during one of his
experiments, was by accident exploded into their domain and by a
cunning strategy managed to live and work among them; to escape
by submarine and by means of his knowledge to be instrumental in
the overthrow of that stronghold and in the liberation of those
millions. All the qualities that the Germans have been credited with
before, during and since the war, are utilized in the story with satiric
exaggeration.
20–26982
“A tale of old days at sea and of adventures in the Far East as
Benjamin Lathrop set it down some sixty years ago.” (Sub-title) It
was young Ben’s first voyage and although only a ship’s boy he was in
the midst of all the adventures that happened. He was the first to
detect treason aboard, to suspect that it was not the pirates they
encountered who killed the captain and first mate, and to join the
mutineers against the crafty usurpers of power. He was set adrift
with the mutineers in a boat, had an exciting encounter with Malay
savages who helped them regain control of the ship and, after more
thrilling experiences, in the course of which the culprits met their
doom, the ship and its precious cargo was saved, and when the
“Island Princess” returned to its home port there was indeed a story
to tell.
“Told with skill and an evident knowledge of the sea and seamen.
Older boys will find it absorbing. Good make-up.”
“It is a tale with the true flavor of the time it professes to portray,
and will have the genuine attraction for boys of all ages that similar
stories by Stevenson and other lovers of the South sea and its shores
possess.”
20–6752
20–18612
The scene is all set for a fashionable London wedding, but at the
last moment something goes wrong. The wedding is “unavoidably
postponed.” As a matter of fact the bride has disappeared. Waldo
Rillington, the bridegroom, is about to start in pursuit of the pair, for
he rightly assumes that she has gone with Arsenio Valdez, but the
war intervenes and for years Lucinda is lost to her English friends.
Julius Rillington, Waldo’s cousin, meets her once in the interval,
comes upon her unexpectedly in the year 1916 in a town in southern
France. She tells him her story but he refrains from telling it to the
others and keeps the meeting secret. Julius is thereafter much
involved in Lucinda’s affairs, and when she is set free, he marries
her. Lucinda is a heroine who serenely refuses to be downed by
fortune. She takes good or ill with the same imperturbability and so
always has the better of her rival, Nina, later Lady Dundrannan.
“The canvas is small and the theme has no great originality, but it
is treated with the delicately humorous grace which has always
distinguished this author.”
“One feels that Mr Hope is now writing to please his own ideals of
the art of fiction rather than to amuse the crowd. The novel is on
original lines and has underlying humor.”
20–14454
“Not only has the author failed to show the interaction between the
social and industrial problems of the country and the evolution of
our law, but also he has failed to indicate the relation of these
problems to our political life. Two attributes, however, of this work
stand out so strikingly as to make its reading well worth the while of
the student of recent American history. In the first place the
‘Suggestions for further readings,’ giving as they do page references
to selected portions of various works, are excellent; secondly, and
more important, Mr Haworth has produced a work which is so
readable as to justify the claim of the publishers that it is as
‘fascinating as a story.’” B. B. Kendrick
+ − Am Hist R 26:349 Ja ’21 520w
Booklist 17:108 D ’20
Reviewed by C: A. Beard
[2]
HAWTREY, R. G. Currency and credit. *$5
(*15s) Longmans 332
19–19368
“The last two sections of the book are, on the whole, the best
portions of it. Mr Hawtrey’s history of the assignats is so well done
that it could hardly be improved upon; it is clear, concise, and covers
all the points which require bringing out. In selecting these few
chapters for special praise we do not deny merit to the rest of the
book.”
20–4958
20–15703
Like most mystery stories, this one begins with a murder. The
victim is a young girl, Mildred Brace, the scene the lawn in front of
“Sloanehurst,” the time, around midnight on a rainy night in
summer. With so much known, it is left to Jefferson Hastings, an
elderly detective who happened to be staying at Sloanehurst at the
time, to discover the murderer and the motive. Also at Sloanehurst as
week-end guests were Berne Webster, Lucille Sloane’s fiancé, and
Judge Wilton, Mr Sloane’s close friend. From circumstantial
evidence, Webster seemed guilty, as he had recently discharged
Mildred from his office and she had since annoyed him with threats
of a breach of promise suit. But Hastings mulled over the case and
was not satisfied with circumstantial evidence. He got in touch with
Mrs Brace, the girl’s mother, and upon discovering what manner of
woman she was, became convinced that she held the key to the
mystery in her hands. He played on her weakness, love of money,
and eventually brought to light the facts that he had been sure
existed—which completely cleared Webster and brought the criminal
to justice.
20–15722
Reviewed by B. R. Redman
20–8603
“This is the best single-volume history of the great war which has
so far appeared, and it is one of the very few which deserve serious
consideration by professional students of history. It is written with a
high degree of scientific responsibility, and not for mere purposes of
journalism or propaganda. At present it holds practically a unique
place for fullness of information, fairness, balance, and accuracy.” W:
S. Davis
Reviewed by C: A. Beard
New Repub 25:114 D 22 ’20 880w
“Well adapted for use in the schools. While it does not attain at all
times to scientific objectivity of view, it shows a broad and judicial
comprehension of events, and is as strong on the military side as the
political. The bibliography is very faulty.”
20–19252