Organizational Capabilities Are Virtually Always

question 102

Multiple Choice

Organizational capabilities are virtually always:

• A) knowledge-based,residing in people and in the company's intellectual capital,or in organizational processes and systems,which embody tacit knowledge.
• B) more complex than resources and are exercised only through key personnel.
• C) require constant evaluation to ensure cooperative support from management.
• D) are easier and less challenging to categorize than resources because there are fewer to be concerned about.
• E) reflective of the industry's driving forces.

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Definitions:

Poverty Rate

The proportion of a population living below the poverty line, reflecting the percentage of people whose income falls below the threshold considered necessary to meet basic needs.

Welfare

Governmental support aimed at ensuring the basic well-being and financial assistance of individuals or groups within a society.

Lower Three Quintiles

Refers to the bottom 60% of the population typically classified by income distribution, focusing on those with lower income levels.

Income

The financial return received by an individual or entity in exchange for providing goods, services, or through investing capital, including wages, profits, and rents.