The Basic Building Blocks to a Firm,or the Inputs into the Production

question 63

Multiple Choice

The basic building blocks to a firm,or the inputs into the production process,are: 

• A) competition.
• B) strategy.
• C) liabilities.
• D) resources.

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Definitions:

Virtual Reality

An immersive digital environment that users can interact with in a seemingly real or physical way through special electronic equipment.

Embedded Sensors

Devices integrated into physical environments to collect data and interact with their surroundings.

Sensors

Devices or modules that detect changes in the environment or within a system and send information to other electronics, typically a computer processor.

Smart Refrigerator

An advanced fridge equipped with internet connectivity and features such as inventory monitoring, streaming media, and integration with other smart home devices.