For Most Organizations,geographical Location Should Be Regarded As

question 17

Multiple Choice

For most organizations,geographical location should be regarded as:

• A)A key resource whose characteristics need to be given careful attention when formulating strategy
• B)A formerly important resource which is becoming increasingly irrelevant in a digital world
• C)An organizational characteristic,not a resource
• D)A source of competitive advantage only its gives the organization access to an industry ecosystem such as Silicon Valley for IT firms and New York for advertising firms

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Definitions:

Taxable Income

The amount of income used to determine how much tax an individual or a corporation owes to the government, after all deductions and exemptions have been accounted for.

Tax-Exempt

A status that exempts individuals or organizations from having to pay certain taxes.

Tax Liability

The total amount of tax owed to the government by an individual, corporation, or other entity within a given tax period.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has rights, privileges, and liabilities independent of them.