One Implication of the Resource-Based Perspective Is That

question 36

Multiple Choice

One implication of the resource-based perspective is that:

• A)Firms tend to adopt similar or close strategies
• B)By aligning their strategies to their resources and capabilities,firms emphasize their differences rather than their similarities
• C)Firms focus on building a stronger portfolio of capabilities than their rivals
• D)Firms focus on reducing their vulnerability by correcting their weaknesses

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Definitions:

Finished Goods Inventory

The inventory of finished goods that are prepared for sale but remain unsold.

Cost of Goods Sold

Cost of Goods Sold (COGS) represents the direct costs attributable to the production of the goods sold by a company, including material and labor expenses.

Manufacturing Overhead Costs

Indirect costs related to manufacturing that cannot be directly attributed to specific units produced, such as maintenance and utility expenses.

Finished Goods Inventory

Finished goods inventory consists of items that have completed the manufacturing process and are ready to be sold to customers, representing a final stage in product inventory.