Which of the Following Statements Best Describes a Firm's Priorities

question 8

Multiple Choice

Which of the following statements best describes a firm's priorities?

• A)They represent how firms do things.
• B)They depict the production processes a firm uses.
• C)They refer to what a firm employs to create value and competitive advantage.
• D)They explain why firms allocate critical resources to achieve key objectives.

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Definitions:

Connections

The relationships or links between people, places, devices, or concepts that allow for communication, interaction, or transfer of information.

Nature

The phenomena of the physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.

Submarine

A watercraft capable of independent operation underwater, often used for naval or research purposes.

Hydrosphere

All the waters on the earth's surface, such as lakes and seas, and sometimes including water over the earth's surface, such as clouds.