_____ Refers to a Combination of Resources and Assets That

question 48

Multiple Choice

_____ refers to a combination of resources and assets that enables a firm to gain a competitive advantage.

• A) Core assets 
• B) Standard assets 
• C) Supplementary assets 
• D) Complementary assets

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Definitions:

Self-leadership

A process by which individuals influence themselves to achieve the self-direction and self-motivation needed to perform.

Self-directed Work Teams

Groups in which members work collaboratively without a traditional managerial supervision, making decisions and managing their operations independently.

Leadership Substitutes Theory

A theory proposing that certain characteristics of the situation, task, or subordinates themselves can substitute for leadership, rendering it unnecessary.

Servant Leadership

A leadership philosophy that focuses on serving the needs of others first, prioritizing the well-being and development of employees over other considerations.