To Provide a Sustainable Competitive Advantage, a Capability Must Satisfy

question 9

Multiple Choice

To provide a sustainable competitive advantage, a capability must satisfy all of the following criteria EXCEPT:

• A) be technologically innovative.
• B) be hard for competing firms to duplicate.
• C) be without good substitutes.
• D) be valuable to customers.

Recognize the psychological and organizational outcomes of job enrichment.

Understand alternative work arrangements, including part-time, telecommuting, and flexible working hours.

Explain how job enrichment and task characteristics contribute to work motivation and satisfaction.

Understand the concept of job sharing and its benefits to both organizations and employees.

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Definitions:

Net Assets

The total assets minus total liabilities of an entity, representing the owners' equity.

Capital Balances

The amounts recorded in the equity section of a company's balance sheet for the owners' or shareholders' investments.

Partners' Equity

The total value of capital contributed by partners and the accumulated profits of a partnership firm, minus any withdrawals.

Investment Error

Mistakes made in the process of investing capital, which can range from calculation errors to misunderstanding an investment's risks.