A Business Unit's Core Competencies and Resources,together with the Customer

question 15

True/False

A business unit's core competencies and resources,together with the customer and competitive characteristics of its industry,determine the viability of any particular competitive strategy.

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Definitions:

Net Working Capital

The disparity between an organization's immediate assets and its short-term obligations, showcasing its ability to cover short-term debts.

Accounts Payable

The amount a company owes to suppliers or vendors for goods or services purchased on credit.

Accounts Receivable

Money owed to a business by its clients for goods or services that have been delivered but not yet paid for.

Incremental Cash Flows

Incremental cash flows are the additional operating cash flows that an organization receives from taking on a new project, used to analyze the profitability of that project.