A Company's Resources Are Competitive Assets That Are Owned or Controlled

question 33

Multiple Choice

A company's resources are competitive assets that are owned or controlled by the company and include

• A) financial resources such as a company's credit rating and borrowing capacity.
• B) tangible resources such as plants,distribution centers,and manufacturing equipment.
• C) intangible assets such as brand recognition and buyer loyalty.
• D) intangible assets such as having a results-oriented culture.
• E) All of these choices are correct.

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Definitions:

Voting Right

The entitlement of the shareholders of a company to vote on corporate policy, including decisions regarding the corporate board.

Treasury Stock

Shares that were issued and subsequently reacquired by the company, reducing the amount of outstanding stock on the open market.

Authorized Stock

Authorized stock refers to the maximum number of shares that a corporation is legally authorized to issue according to its corporate charter.

Market Value

The present cost at which an asset or service is available for purchase or sale in a market.