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:

Cycle Billing

A billing practice where customers' bills are produced at different times during the month based on a predetermined schedule or cycle.

Collection Agency Transaction

The process or action where a business specializing in collecting debts manages or conducts a financial operation, usually the collection of overdue accounts.

Cycle Billing

Cycle Billing is a process where bills are generated for different groups of customers at various times during the month, rather than all at once.

Monthly Billing

A billing system where charges for services or goods are invoiced or billed on a monthly basis.