Compared to Diversification That Is Grounded in Intangible Resources, Diversification

question 117

True/False

Compared to diversification that is grounded in intangible resources, diversification based on financial resources only is more visible to competitors and thus more imitable and less likely to create value on a long-term basis.

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Definitions:

Inventory Overstatement

The act of reporting more inventory than is actually present, which can lead to inaccurately inflated assets and financial statements.

Relies

To depend on with full trust or confidence.

Professional Gambling

The act of wagering money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money or material goods professionally.

Dependent

Typically refers to someone who relies on another, especially for financial support, such as a child or spouse supported by a family's primary earner.