A Firm's Resources and Capabilities

question 80

Multiple Choice

A firm's resources and capabilities:

• A) are always core competencies.
• B) may be a source of incompetence.
• C) are all a firm needs to focus on.
• D) are inherited,not created.

Understand the principle of perceptual constancy, including depth and size constancy.

Recognize the role of visual cues and brain processing in motion perception and how it contributes to our understanding of movement.

Comprehend the law of Prägnanz and its importance in Gestalt psychology and perception.

Understand the influence of environmental cues like aerial perspective on depth perception.

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Definitions:

Raw Materials

Natural resources or substances used in the primary production or manufacturing of goods.

Post-Fordism

An economic and social system that emerged in the late 20th century, characterized by more flexible production methods, workforce strategies, and a shift from mass production to customized goods.

Diffusion Of Capitalism

Refers to the spread of capitalist structures and market-oriented economic systems across different countries and regions over time.

Proletariat

The class of wage-earners in a capitalist society whose only significant material value is their labour-power.