________ Are a Subset of a Firm's Resources and Are

question 2

Multiple Choice

________ are a subset of a firm's resources and are defined as tangible and intangible assets that enable a firm to take full advantage of other resources it controls.

• A) Retained earnings
• B) Capabilities
• C) Human resources
• D) Financial resources

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health of the business.

Company

An organization created by several individuals for the purpose of running and managing a business, which can be either commercial or industrial in nature.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations by dividing current assets by current liabilities.

Company

An organized entity engaged in trade of goods, services, or both to consumers, operating with the aim of generating profit.