Which of the Following Is FALSE

question 102

Multiple Choice

Which of the following is FALSE?

• A) Unique bundles of resources are the ultimate source of wealth creation.
• B) The critical resource for firms is the ability to use the rapidly evolving Internet.
• C) A global labor market for employees now exists.
• D) Any competitive advantage will eventually disappear.

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Definitions:

External Revenue

The income that a company generates from its primary business activities outside of its entity, excluding internal transactions.

Competitive Advantage

The attributes that allow an organization to outperform its competitors, including cost structure, product offerings, brand, and customer service.

CODM (Chief Operating Decision Maker)

An individual or group responsible for making strategic decisions regarding the allocation of resources and assessing the performance of operating segments within an organization.

Discrete Financial Information

Specific financial data or metrics that are isolated or separated from other financial information to provide targeted insight or analysis.