What Are the Two Primary Types of Inputs That Influence

question 39

Multiple Choice

What are the two primary types of inputs that influence an organization's competitive advantage?

• A)profitability and human capital
• B)reputation and superior performance
• C)culture and distinct advantage
• D)capabilities and tangible assets

Apply principles of binomial probability.

Use the Poisson distribution for modelling occurrences over time or space.

Interpret probability distributions in real-world contexts.

Calculate probabilities of specific outcomes in binomial experiments.

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Definitions:

Consumption Tax

A tax on the spending on goods and services, often levied as a sales tax, value-added tax (VAT), or goods and services tax (GST).

Saving

entails setting aside a portion of current income for future use, either by keeping the money in cash or placing it in some form of investment.

Tax-Advantaged

Refers to investments or accounts that are given preferential tax treatment, aiming to encourage saving and investment, often with benefits like deductions, credits, or exemptions.

IRA

An Individual Retirement Account, a savings plan that allows individuals to set aside money for retirement while offering tax advantages.