Which of the Following Statements About the Resource-Based View of Organizations

question 51

Multiple Choice

Which of the following statements about the resource-based view of organizations is accurate?

• A) It suggests that resources are valuable because they are plentiful.
• B) It describes what makes resources capable of creating long-term profits for the firm.
• C) It suggests that inimitable resources are of lesser value to an organization.
• D) A firm's resources include resources related to individual behavior.
• E) It suggests that the value of resources depends on a single factor.

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Definitions:

Long-Term Growth

Refers to the sustained increase in the productive capacity of an economy over a significant period of time, typically years or decades.

Recessionary Period

A time characterized by economic decline across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Inflation

A general increase in prices and fall in the purchasing value of money.

Inventories

Producers’ stocks of finished and in-process goods.