A Firm's Resources and Capabilities Are

question 31

Multiple Choice

A firm's resources and capabilities are:

• A)Such that one resource means one capability
• B)Associated but not linked
• C)Such that one capability may rest upon several resources
• D)Not directly related to each other at all

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Definitions:

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, often characterized by clear and rational thinking.

Evidence-Based Management

The practice of using research-based facts to make decisions.

Contingency Thinking

The approach that describes actions as dependent on the nature of the situation; one size does not fit all.

Organizational Behavior

The study of individual and group dynamics within organizational settings, aiming to understand and improve workplace performance, motivation, and culture.