The Three Conditions That Characterize Difficult Managerial Decisions Concerning Resources

question 75

Multiple Choice

The three conditions that characterize difficult managerial decisions concerning resources, capabilities, and core competencies are:

• A) complexity, rarity, and human intellectual capital.
• B) uncertainty, complexity, and intraorganizational conflicts.
• C) imitability, complexity, and interorganizational conflicts.
• D) imitability, comparability, and human intellectual capital.

---

Definitions:

Aggregate Demand

The total demand for all goods and services in an economy at a given overall price level and in a given time period.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.

Business Environment

The combination of all external and internal factors that influence a business's operating situation, including economic, legal, technological, and political circumstances.

Economic Recovery

The period in which an economy rebounds from a recession or downturn, generally marked by an increase in GDP, employment, and consumer spending.