Which of the Following Statements About Resources and Capabilities Is

question 92

Multiple Choice

Which of the following statements about resources and capabilities is true?

• A) Resources technically are the same as capabilities.
• B) A startup or small business can have both tangible and intangible capabilities.
• C) Resources can do nothing on their own.
• D) Capabilities are inputs to the work of a business.

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Definitions:

Decision-making Process

The cognitive process of selecting a course of action from among multiple alternatives, often involving a sequence of steps from identifying a problem to implementing a solution.

Strategy

A plan of action designed to achieve a particular goal or series of goals within competitive situations or under conditions of uncertainty.

Informal Social Relations

Informal interactions and connections that occur in society outside of formal institutions and structures.