Managing Capabilities Is Harder Than Managing Resources Because

question 60

Multiple Choice

Managing capabilities is harder than managing resources because:

• A)We know much more about resources
• B)We know little about resources
• C)Firms are frightened to explore their own capabilities
• D)Top managers are not interested in a topic considered "theoretical" and not actionable

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Definitions:

Discharge

The termination of an obligation, such as a contractual duty or a financial debt, usually upon the completion of the terms agreed upon.

Preprinted Promissory Note

A written, standardized promise to pay a specified amount of money on demand or at a defined time, with predefined terms.

Due Date

The specified day by which an obligation must be fulfilled or a task completed.

Indorsement

A signature or stamp placed on a document that confirms and details the signing authority's approval of the document.