Which of the Following Is an Example of an Ownership-Specific

question 95

Multiple Choice

Which of the following is an example of an ownership-specific advantage?

• A) the physical assets owned by a firm
• B) natural resources of the region where the firm operates
• C) low-cost labor
• D) inexpensive capital

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Definitions:

Nominal Group Technique

A structured form of group meeting that seeks to achieve a consensus of expert opinion on a particular topic.

Brainstorming Sessions

Structured group meetings aimed at generating creative ideas and problem-solving strategies without immediate criticism or judgment.

Diverse Causes

This term implies a range of different factors or reasons that contribute to a particular situation or outcome.

Simulation Process

A technique for modeling the operation of a real-world process or system over time, often used for analysis or training purposes.