Which of the Following Statements Is True of the Resource-Based

question 43

Multiple Choice

Which of the following statements is true of the resource-based view of global business?

• A) It deals with the external opportunities and threats.
• B) It concentrates on a firm's internal strengths and weaknesses.
• C) It consists of only primary activities and support activities.
• D) It refers to the difficulty of identifying the causal determinants of firm performance.

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Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution. It aims to provide an accurate description of the entire dataset.

Mean

In statistics, the average of a set of numbers, calculated by adding them all up and dividing by the count of those numbers.

Variation

Variation refers to the differences in characteristics or traits among individuals within a population, arising from genetic diversity or environmental factors.

Standard Deviation

A statistical measurement that quantifies the variation or dispersion of a set of data values from the mean.