In the Resource-Based Model,which of the Following Factors Would Be

question 108

Multiple Choice

In the resource-based model,which of the following factors would be considered a key to organizational success?

• A)unique market niche
• B)weak competition
• C)economies of scale
• D)skilled employees

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Definitions:

Net Capital Outflow

The difference marked by domestic people's foreign asset purchases compared to foreign people's domestic asset acquisitions.

Software

Programs and other operating information used by a computer to perform specific tasks.

Real Exchange Rate

The pace at which one country's currency can be swapped for that of another, after accounting for inflation.

Nominal Exchange Rate

The rate at which one currency can be exchanged for another currency, not adjusted for inflationary differences between the two currency areas.