According to the Resource-Based View of the Firm, Which of the Following

question 16

Multiple Choice

According to the resource-based view of the firm, which of the following is one of the two characteristics of resources and capabilities that are important in sustaining competitive advantage?

• A) timeliness.
• B) certainty.
• C) translucence.
• D) durability.
• E) permeability.

Understand Excel's spell check functionality and how to manage dictionary words.

Learn how to effectively apply number formats, including percentage, currency, and date formats.

Know the use of Excel's styles and themes to enhance worksheet appearance.

Understand different components and issues in designing goal-sharing and gain-sharing plans.

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Definitions:

Net Operating Income

Income originating from a corporation's central business endeavors, excluding subtractions for interest and taxes.

Variable Component

A portion of a cost or expense that varies directly with changes in production volume, business activity, or other variables.

Least-Squares Regression

A statistical method used to determine a line of best fit by minimizing the sum of the squares of the differences between observed values and those predicted by the model.

Inspection Cost

Expenses associated with the activities necessary to ensure that products or services meet the required standards and specifications.