Richard Hall's Work on Organizational Memory and Competencies Identifies a Number

question 6

Multiple Choice

Richard Hall's work on organizational memory and competencies identifies a number of sources of advantage.Which of the following is not a typical basis of competencies?

• A)Position, based on prior decisions and investments.
• B)Products, differentiated from competitors.
• C)Intangible assets, such as intellectual property or reputation.
• D)Cultural, organisational and individual.

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Definitions:

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Project Management

The discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals within specified parameters.

Engineering

is the application of scientific, mathematical, and empirical principles to innovate, design, develop, maintain, research, and improve structures, machines, devices, systems, and processes.

Forward-Passing

A project management technique used in network analysis to determine the earliest start and finish times for each activity in a project plan.