By Emphasizing Core Competencies When Formulating Strategies, Companies Learn to Compete

question 102

Multiple Choice

By emphasizing core competencies when formulating strategies, companies learn to compete primarily on the basis of:

• A) intangible resources.
• B) their primary activities.
• C) firm-specific differences.
• D) efficiency of production.

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Definitions:

Discount Rate

The interest rate charged to commercial banks and other depository institutions for loans received from the Federal Reserve's discount window.

Cash Inflows

Money received by a company during a specific period from activities like sales, investments, financing, etc.

Salvage Value

Salvage value is the estimated resale value of an asset at the end of its useful life.

Initial Cost

The initial expenditure involved in acquiring an asset or launching a project, not including operational or maintenance costs.