An Economic Variable Can Be Measured in Units of Time

question 76

Multiple Choice

An economic variable can be measured in units of time, such as spending per year.What is this economic variable known as?  

• A) as a stock variable 
• B) as a periodic variable 
• C) as an expectations variable 
• D) as a flow variable

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Definitions:

Non-traditional Locations

Workplaces that deviate from conventional settings, such as remote offices or flexible workspaces.

Competitive Advantage

The characteristics of a firm that enable it to earn higher rates of profit than its competitors.

Core Competency

Unique abilities or advantages that distinguish an organization from its competitors.

Capabilities

A complex combination of people and processes that represent the firm's capacity to exploit resources that have been specially integrated to achieve a desired result.