David - Chapter 4 - MC - Multiple Choice Questions DAVID...

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Multiple Choice Questions DAVID CHAPTER 4 The Internal Assessment The Nature of an Internal Audit 1. A firm’s strengths that cannot be easily matched or imitated by competitors are called a. internal audits. b. distinctive competencies. c. external audits. d. special properties. e. internal properties. Ans: b Page: 115 2. Who should perform an internal audit? 3. _______ exemplifies the complexity of relationships among the functional areas of business. The Resource Based Web 4. The internal resource categories used in the resource-based approach are physical resources, human resources and 5. Organizational resources include all of the following except: a. employee training. b. firm structure. c. planning processes. d. information systems. e. copyrights. Ans: a Page: 117 6. Empirical indicators are resources that are either rare, hard to imitate, or
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Integrating Strategy and Culture 7. A pattern of behavior developed by an organization as it learns to cope with its problems of external adaptation and internal integration that has worked well enough to be considered valid and to be taught to new members as the correct way to perceive, think and feel is called
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