When Resources Are Valuable,rare,difficult to Imitate,and Organized,they Can Be Viewed

question 17

True/False

When resources are valuable,rare,difficult to imitate,and organized,they can be viewed as a company's core competencies.

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Definitions:

Stock

An investment vehicle that denotes holding equity in a firm, granting the holder rights to a fraction of the company's assets and earnings.

Geometric Average

A method of calculating the average rate of return of a set of values that is compounded over time.

Arithmetic Average

A measure of central tendency calculated by dividing the sum of all values in a dataset by the number of values.

Geometric Average Returns

A method of calculating the average rate of return of an investment which accounts for the compound interest over time, often used to compare investment performance.