Resources Are Bundled to Create Capabilities Which in Turn Are

question 76

True/False

Resources are bundled to create capabilities which in turn are the source of core competencies which are then the basis of competitive advantages.

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Definitions:

Household Income

The combined gross income of all members of a household, typically measured over a set period of time, such as a month or a year.

Taxes

Compulsory financial charges imposed by a government on individuals, corporations, or transactions to fund public services and government activities.

Transfer Payments

Monetary payments made by governments that do not correspond to the provision of goods or services in exchange, such as welfare benefits.

Welfare Payments

Government-provided financial assistance to individuals or families in need to support their basic life necessities.