The Effective Development and Management of the Firm's ____ May

question 66

Multiple Choice

The effective development and management of the firm's ____ may be its only sustainable competitive advantage.

• A) capital base
• B) human capital
• C) technology
• D) organizational culture

Recognize the importance of active listening and providing support in interpersonal communication.

Understand the concept of incentive motivation and its external influences.

Compare and contrast different motivational models, particularly those of Tolman and Hull.

Recognize the distinction between reward and drive reduction.

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Definitions:

Discount Rate

The rate at which the Federal Reserve lends to commercial banks and other depository institutions through its discount window.

Federal Funds Rate

The interest rate at which depository institutions lend reserve balances to other depository institutions overnight on an uncollateralized basis.

Real Interest Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or real yield on savings.

Secondary Reserves

Liquid assets held by financial institutions as a backup to primary reserves, used to meet unforeseen demands.