The Difference Between a Resource and a Capability Is

question 102

Multiple Choice

The difference between a resource and a capability is

• A) a resource is a productive input or competitive asset, whereas a capability is the capacity of the firm to perform some internal activity competently.
• B) a resource is a reserve supply or back-up supply function, whereas a capability is the ability to manage the resource function.
• C) a resource is a mechanism used for carrying out some responsibility, whereas a capability possesses the ability to monitor the resource.
• D) a resource represents the firm's fixed assets, whereas a capability defines whether the firm is competent to perform some function with these assets.
• E) a resource represents the firm's human assets, whereas a capability defines the skills and knowledge of these human resources.

Understand the concept of homogamy and the factors influencing mate selection.

Recognize the implications and historical context of laws affecting marriage, including anti-miscegenation laws and endogamy.

Describe the sociological significance of proximity (propinquity) in the formation of relationships.

Analyze the role and impacts of cohabitation in contemporary relationships.

---

Definitions:

Customer Value Proposition

A business or marketing statement that describes why a customer should buy a product or use a service, highlighting the unique value it offers.

Marketing Plan

A comprehensive strategy outlining an organization's overall marketing efforts, including objectives, strategies, and activities.

Core Values

Core beliefs and principles that govern actions and behaviors within a business entity.

Trust

The confidence in the integrity, honesty, and reliability of an individual, organization, or process.