Unlike the Distinctive Competencies of a Company, the Core Capabilities

question 43

Multiple Choice

Unlike the distinctive competencies of a company, the core capabilities of a company:

• A) include things that the company can make, do, or perform better than its competitors.
• B) are tangible and more visible.
• C) determine how efficiently inputs can be turned into outputs.
• D) cannot be sustained for long without superior distinctive competencies.

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Definitions:

Average costing

Average costing is an inventory costing method where all costs of inventory are averaged over the goods available for sale, providing a medium cost per unit.

Rising prices

An economic phenomenon where the general level of prices for goods and services increases over a period.

Income taxes

Taxes levied by governments on individuals or entities' income.

FIFO

Stands for First In, First Out, an inventory valuation method where goods purchased or produced first are sold or used first.