________ Are Tangible or Intangible Resources Owned by a Firm

question 92

Multiple Choice

________ are tangible or intangible resources owned by a firm which grant it a competitive advantage over its industry rivals.

• A) Ownership advantages
• B) Location advantages
• C) Internalization advantages
• D) Competitive advantages

Grasp the concept of discharge by performance and how contracts can be terminated or fulfilled through various means.

Comprehend the doctrine of frustration of purpose and commercial impracticability as it applies to contract law.

Differentiate between subjective and objective satisfaction standards in contracts and how they affect contractual obligations.

Recognize the various methods for the discharge of contracts through mutual agreement.

---

Definitions:

Looking-glass Self

A concept in sociology that suggests our self-image is shaped by how we believe others perceive us.

Homosexuality

A sexual orientation characterized by romantic or sexual attraction towards individuals of the same gender.

Self-perception Theory

Definition: A theory suggesting that individuals form their attitudes and emotions by observing their own behavior and concluding what attitudes must have caused it.

Intrinsic Motivation

Wanting to perform an activity for its own sake.