_________ Implies That for a Given Business Activity,some Firms May

question 22

Multiple Choice

_________ implies that for a given business activity,some firms may be more skilled than others in accomplishing it.

• A) Resource homogeneity
• B) Resource mobility
• C) Resource heterogeneity
• D) Resource immobility

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Definitions:

Division of Labor

The allocation of different parts of a manufacturing process or task to different people in order to improve efficiency.

Concurrent Engineering

Is a method of designing and developing products in which different stages run simultaneously, rather than consecutively, to reduce product development time.

Informal Communication

The exchange of information without the constraints of formal structures or channels in an organization.

Coordinating Mechanism

Strategies or systems used within organizations to align activities, tasks, and functions among different departments or teams.