What Is the Link Between Capabilities and Routines

question 28

Multiple Choice

What is the link between capabilities and routines?

• A)Generally, a firm only becomes proficient with processes when they have become routine. They may possibly then be termed capabilities.
• B)Every routine create a capability
• C)Capabilities are things which a firm does which are out-of-the-ordinary, and so non-routine.
• D)A capability must be capable of being routinely revised.

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Definitions:

Variance

A measure of the dispersion of a set of data points around their mean, indicating how spread out the data points are.

Index Fund

A type of mutual fund or exchange-traded fund designed to replicate the performance of a specific market index.

PHStat

An Excel add-in that allows users to perform statistical analysis.

Coefficient of Variation

A statistical measure of the dispersion of data points in a data series around the mean, expressed as a percentage.