Together, an Organisation's Resources and Core Competencies Make Up Which

question 104

Multiple Choice

Together, an organisation's resources and core competencies make up which of the following?

• A)Core assets
• B)Fundamental beliefs
• C)Core philosophy
• D)Competitive weapons

---

Definitions:

Monopsonistic Labor Market

A labor market in which a single firm is the sole or dominant buyer of labor, giving it power to set wages below competitive levels.

Marginal Revenue Product

The additional revenue generated for each additional unit of input, such as labor or capital, used in the production process.

Marginal Resource Cost

The increase in total cost that results from utilizing one additional unit of a resource in production.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor, such as labor or capital.