The BEST Example of a Company Resource Is

question 117

Multiple Choice

The BEST example of a company resource is

• A) having higher earnings per share and a higher return on shareholders' equity investment than key rivals.
• B) being totally self-sufficient such that the company does not have to rely in any way on key suppliers, partnerships with outsiders, or strategic alliances.
• C) having proven technological expertise and an ability to churn out new and improved products on a regular basis.
• D) having a larger number of competitive assets than competitive liabilities.
• E) having more built-in key success factors than rivals.

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Definitions:

Industry Safety Regulations

Rules and guidelines established by authorities aimed at ensuring the health and safety of employees within specific sectors.

Production Schedule

A production schedule outlines the timeline, processes, and resources required to manufacture goods or deliver services within a specific period.

Production Function

A mathematical model that describes the relationship between the inputs used in production and the output of goods or services that results from those inputs.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in equipment, machinery, and processes.