ViviTech Has Implemented a High-Performance Work System That Was Designed

question 31

Multiple Choice

ViviTech has implemented a high-performance work system that was designed around team processes and capabilities that cannot be transported, duplicated, or copied by rival firms. Which of the following criteria drove this design?

• A)Difficult to imitate
• B)Organized
• C)Valuable
• D)Rare

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Definitions:

Lease Payment

Regular payments made by a lessee to a lessor for the use of an asset over a specified period.

General Journal Entry

The process of recording financial transactions in the general journal, part of the double-entry bookkeeping system.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during their life, usually at the discretion of the bondholder.

Bearer Bonds

A type of fixed-income security that is owned by the holder or bearer, instead of being registered to a specific owner.