Porter’s Value Chain, Resources & Competences

What are the two basic types of resources mentioned?

• Physical and Digital

• Operational and Strategic

• Human and Financial

• Tangible and Intangible

Which of the following is an example of a tangible resource?

• Vehicles

• Software

• Goodwill

• Intellectual property

What does Porter’s Value Chain model help assess?

• Financial performance

• Market trends

• Resource deployment

• Employee satisfaction

Which of the following is NOT a primary activity in Porter’s Value Chain?

• Inbound Logistics

• Operations

• Marketing and Sales

• Human Resource Management

What is the purpose of support activities in the Value Chain?

• To enhance primary activities

• To create products

• To manage customer relations

• To handle logistics

What is a core competence?

• A financial asset

• A unique resource

• A marketing strategy

• A combination of resources and capabilities

Which of the following is an example of an intangible resource?

• Land

• Vehicles

• Brand reputation

• Equipment

What is the outcome of effectively using resources according to Porter?

• Market saturation

• Increased costs

• Sustained competitive advantage

• Competitive disadvantage

What does the term 'Margin' refer to in the context of Porter’s Value Chain?

• Total revenue

• Profit generated

• Cost of goods sold

• Market share

Which of the following is a characteristic of core competencies?

• Limited to one product

• Low customer benefit

• Access to various markets

• Easily imitated