When a Resource Is Said to Be Organized, This Means

question 17

Multiple Choice

When a resource is said to be organized, this means that the company:

• A) identified the resource as a resource.
• B) built a department to execute its operations using the resource.
• C) takes the resource for granted and assumes its value.
• D) has made it difficult to copy or imitate.
• E) has developed a method for making sure it gets the most out of its unique strengths.

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Definitions:

Current Account

A component of a country's balance of payments that measures the trade balance, net primary income, and net secondary income with foreign entities.

Deficit

The amount by which expenses or costs exceed income or revenues, commonly associated with governmental budgeting.

Current Account

A component of a country's balance of payments that measures the trade in goods and services, net income from abroad, and net current transfers.

Deficit

The amount by which expenses exceed income or costs outstrip revenues, typically referring to governmental budgeting.