The Relationship Between Valuable Resources and Capabilities and Firm Performance

question 67

Multiple Choice

The relationship between valuable resources and capabilities and firm performance is:

• A)​Only a factor for large manufacturing organizations.
• B)​Most often a competitive disadvantage.
• C) ​The primary factor is deciding whether to exit an industry.
• D) ​Basis for determining whether activities are value-adding or non-value-adding.

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Definitions:

Frontal Lobe

The part of the brain located at the front of each cerebral hemisphere, responsible for voluntary movement, expressive language, and managing higher-level executive functions.

Hippocampus

The Hippocampus is a major component of the brain, important in the consolidation of information from short-term to long-term memory and in spatial memory that enables navigation.

Synaptic Pruning

The method through which the brain removes surplus neurons and synaptic links to enhance the efficiency of neural transmissions.

Neural Connections

The links formed between neurons through which they communicate with each other in the brain.