Which of the Following Illustrates What It Means to Utilize

question 67

Multiple Choice

Which of the following illustrates what it means to utilize a functional perspective?

• A) Looking at different functional areas of the firm, disaggregating tangible and intangible assets as well as organizational capabilities that are present, can begin to uncover important value-building resources that deserve further analysis
• B) Dividing categories by function into more specific competencies can allow a more measurable assessment
• C) Taking a creative look at what competencies the firm possesses (or has the potential to possess) can help identify sources of competitive advantage
• D) The value chain approach can uncover organizational capabilities, activities and processes that are potential sources of competitive advantage

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Definitions:

Standard Error

The standard deviation of the sample distribution of a statistic, commonly used to measure the precision of the sample mean's estimate of the population mean.

Heights

The measurement of someone or something from base to top or from the ground to its tallest point.

One-sample T Statistic

A statistic used in hypothesis testing that compares the mean of a single sample to a known value, often to determine if the sample mean differs significantly from the population mean.

Electronic Control

The use of electronic devices or systems to regulate the operation of machines or processes, enhancing efficiency, accuracy, and safety.