In the Resource-Based Model,which of the Following Factors Would Be

question 108

Multiple Choice

In the resource-based model,which of the following factors would be considered a key to organizational success?

• A)unique market niche
• B)weak competition
• C)economies of scale
• D)skilled employees

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Definitions:

Performance Evaluation

The process of assessing and reviewing an employee's or an organization's performance against predetermined objectives or criteria.

Bottom-line Profit

The net income or the final profit figure after all expenses, taxes, and costs have been subtracted from total revenues.

Net Realisable Value Method

An accounting technique used to value inventory or assets, determining the estimated selling price in the ordinary course of business minus any costs necessary to make the sale.

By-product Revenue

Revenue generated from secondary products produced during the manufacturing process of a primary product.