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Resources Refer to What an Organization Owns, Capabilities Refer to What

question 94

True/False

Resources refer to what an organization owns, capabilities refer to what the organization can do.


Definitions:

Parody Display

A form of expression that humorously imitates or exaggerates characteristics of a particular style, work, or situation for comedic effect or critical commentary.

Prestige-Exclusivity

A marketing strategy that highlights the unique status and high social standing associated with owning or using a product or service.

Fashion System

The organized structure and processes through which fashion is designed, produced, marketed, and consumed, encompassing a wide range of actors and industries.

Cultural Elite

The cultural elite are members of society who possess high levels of cultural capital, such as knowledge, education, and tastes, and often influence cultural trends and values.

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