Intermediate Goods Are

question 52

Multiple Choice

Intermediate goods are

• A)sold to their ultimate user.
• B)produced by one firm, bought by another firm, and used as a component of a final good or service.
• C)included directly in the measure of GDP.
• D)capital.
• E)purchased this year but consumed in future years.

---

Definitions:

Sustainable Competitive Advantage

A long-term value that a company possesses, making it difficult for competitors to replicate or overcome, ensuring continued business success.

Low-Cost Leader

A company that can produce or offer goods and services at a lower cost than its competitors, often leveraging this advantage to dominate market share.

Human Resources (HR) Triad

Refers to the three key roles or functions within HR: strategic partner, employee advocate, and change champion.

Stakeholders

Individuals, groups, or organizations that have a vested interest in the performance, decisions, and success of a company or project, including employees, investors, customers, and suppliers.