Which of a Firm's Resources Is the Most Flexible and Should

question 71

Multiple Choice

Which of a firm's resources is the most flexible and should have the strongest relationship to the extent of diversification?

• A) financial
• B) human
• C) intangible
• D) property, plant and equipment

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Definitions:

Mutually Exclusive Events

Events that cannot happen at the same time in any given experiment or observation.

Independent Events

Two events are independent if the occurrence of one does not affect the probability of the occurrence of the other.

Technological Uncertainty

The unpredictability associated with the development or integration of new technologies due to unknown factors or outcomes.

Project Execution

The phase in project management where plans are put into action and physical work is carried out to achieve project objectives.