Chapter 5: Video Assignment

Infosys currently has an advantage due to its ________. a. labor cost b. natural resources c. vast land ownership d. reputation in philanthropic efforts e. focus on Indian language

a. labor cost

Which of these represents a competitive strength for Infosys? a. A code of ethics b. Its global delivery model c. Its reputation in philanthropic efforts d. The Indian government e. Its labor force of 120,000 employees

b. Its global delivery model

According to the video, ________ typically reside(s) in land, labor, and natural resources. a. monopolistic advantage b. factor proportions c. comparative advantage d. free trade e. absolute advantage

c. comparative advantage

Because of the availability of knowledge workers and specialized talent and supporting infrastructure, Bangalore, India has become a(n) ________ in IT and business services industries. a. free trade cluster b. mercantile region c. industrial cluster d. monopolistic advantage city e. absolute advantage location

c. industrial cluster

According to the video, firm-specific competencies that are difficult for rivals to imitate are part of the firm's________. a. comparative advantage b. absolute advantage c. factor proportions d. competitive advantage e. monopolistic advantage

d. competitive advantage