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Resources Must Be Combined to Form Capabilities,as Illustrated by Subway,which

question 77

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Resources must be combined to form capabilities,as illustrated by Subway,which linked its fresh ingredients with several other resources,including the continual training it provides to those running the firm's units as the foundation for customer service as a capability.


Definitions:

Financial Markets

Platforms and systems that facilitate the exchange of financial instruments like stocks, bonds, and currencies between investors.

Semi-Strong Efficiency

A form of market hypothesis that suggests all public information is already reflected in stock prices, thus making it impossible to achieve consistently above-average returns.

Information Of Any Kind

Refers to any type of data, facts, or details, regardless of the format or source.

Weak Form Efficiency

A form of market efficiency where all past trading information is already reflected in stock prices, implying that technical analysis cannot yield consistent excess returns.

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