Which of the Following Is a Firm-Specific Asset

question 10

Multiple Choice

Which of the following is a firm-specific asset?

• A) Sewing machines designed for the manufacture of summer and winter clothes
• B) Fire-retardant paint in lime green
• C) Auto plant that can produce six styles of vehicles
• D) A manufacturing plant that makes spiral staircases, wood railings and stairway carpeting

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Definitions:

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or organization.

Skydiving Team

A group of individuals who participate together in skydiving activities, often performing formations and maneuvers while freefalling.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all team members within an organization.

Unspoken Guidelines

Unspoken guidelines refer to implicit rules or norms that are understood and followed within a group or society without being formally communicated.