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

question 12

True/False

Capabilities 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.

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Definitions:

Richest 1%

The segment of the population that holds a disproportionately large amount of wealth compared to other sectors, often used in discussions on income disparity.

Poverty Line

The minimum level of income deemed necessary to achieve an adequate standard of living in a specific geographic area.

Unemployment Rate

Number of unemployed divided by the labor force.

Property Income

Income received by owners of property for the use of their property, such as rent.