1. Resources that are lacking or deficient and that prevent the organization from developing a sustainable competitive advantage are known as:A. weaknesses. B. strengths. C. opportunities. D. threats. 2. Which of the following are considered to b
1. Resources that are lacking or deficient and that prevent the organization from developing a sustainable competitive advantage are known as:A. weaknesses. B. strengths. C. opportunities. D. threats. 2. Which of the following are considered to be primary activities in a value chain analysis as outlined by Porter?A. Inbound logistics B. Procurement C. Human resource management D. Firms infrastructure 3. The concept of the value chain was developed by:A. Milton Friedman. B. Peter Drucker. C. Michael Porter. D. Tom Peters. 4. All of the following constitute primary activities EXCEPT:A. procurement. B. marketing and sales. C. outbound logistics. D. operations.