The ____-Based View Suggests That in Order to Achieve Remarkable

question 20

Multiple Choice

The ____-based view suggests that in order to achieve remarkable success, a firm must possess some very rare and powerful firm-specific resources and capabilities that are the envy of their rivals around the globe.

• A) Resource
• B) Asset
• C) Capability
• D) Institution

---

Definitions:

Special Journal

A special journal is an accounting journal dedicated to recording transactions of a similar type, improving efficiency and organization.

General Journal

A comprehensive record where all financial transactions of a business are initially recorded.

Sales Journal

A specialized journal used to record and track all sales of merchandise on credit, detailing each sale's customer name, date, and amount.

Sales Journal

The Sales Journal is a specialized accounting journal used to record all sales of merchandise on credit.