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The findings support the notion founded in

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Unformatted text preview: The findings support the notion, founded in resource-based theory, that competi- tive advantages do not arise from easily (60) replicated resources, no matter how impressive or economically valuable they may be, but from complex, intan- gible resources.-------------------------------------------------------------------------------- Q22: The passage is primarily concerned with A. describing a resource and indicating various methods used to study it B. presenting a theory and offering an opposing point of view C. providing an explanation for unexpected findings D. demonstrating why a particular theory is unfounded E. resolving a disagreement regarding the uses of a technology Answer: -------------------------------------------------------------------------------- Q23: The passage suggests that proponents of resource-based theory would be likely to explain IT’s inability to produce direct competitive advantages for individual firms by pointing out that A. IT is not a resource that is difficult to obtain B. IT is not an economically valuable resource C. IT is a complex, intangible resource D. economic progress has resulted from IT only in the service sector E. changes brought about by IT cannot be detected by macroeconomic measures Answer: -------------------------------------------------------------------------------- Q24: The author of the passage discusses productivity in the retail industry in the first paragraph primarily in order to A. suggest a way in which IT can be used to create a competitive advantage B. provide an illustration of the “productivity paradox” 27 C. emphasize the practical value of the introduction of IT D. cite an industry in which productivity did not stagnate during the 1980’s E. counter the argument that IT could potentially create competitive advantage Answer: -------------------------------------------------------------------------------- Q25: According to the passage, most pre-1990 literature on businesses’ use of IT included which of the following? A. Recommendations regarding effective ways to use IT to gain competitive advantage B. Explanations of the advantages and disadvantages of adopting IT C. Information about ways in which IT combined with human resources could be used to increase competitive advantage D. A warning regarding the negative effect on competitive advantage that would occur if IT were not adopted E. A belief in the likelihood of increased competitive advantage for firms using IT Answer: ------------------------------------------------------------------------------------------------------------ Q26: Healthy lungs produce a natural antibiotic that protects them from infection by routinely killing harmful bacteria on airway surfaces. People with cystic fibrosis, however, are unable to fight off such bacteria, even though their lungs produce normal amounts of the antibiotic. The fluid on airway surfaces in the lungs of people with cystic fibrosis has an abnormally high salt concentration; accordingly, scientists hypothesize that the high salt...
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The findings support the notion founded in resource-based...

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