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:

Consumer Credit

A type of personal loan that allows individuals to purchase goods or services with the promise to pay for them later.

Net Present Value

The discrepancy between cash inflows' present value and cash outflows' present value over a time frame, employed in capital budgeting for evaluating an investment's profitability.

Economic Order Quantity

A formula used to determine the most cost-effective amount of inventory to order, balancing ordering costs with holding costs.

Accounts Receivable

Represents the money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.