________ Are Inputs to Production That Can Be Accumulated Over

question 35

Multiple Choice

________ are inputs to production that can be accumulated over time to enhance the performance of a firm.

• A)Strategies
• B)Core capabilities
• C)Resources
• D)Benchmarks
• E)Patents

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Definitions:

Pure Competition

A market structure characterized by an extremely large number of sellers, none of which can influence market price or terms for exchange.

Industry

A group of companies and organizations involved in the production, processing, and distribution of goods and services in a particular sector of the economy.

Marginal Costs

The amplification of total charges incurred from producing an incremental unit of a product or service.

Upward

Referring to a direction or trend that indicates an increase, improvement, or rise in position or value.