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____ Means That Managers Focus on Leveraging and Developing More

question 41

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____ means that managers focus on leveraging and developing more from the firm's existing assets, capabilities, and core competencies in a way that will provide a sustained competitive advantage.


Definitions:

Cash Flow Recovery

The process of regaining the cash that was used in investments or incurring costs, often evaluated in terms of investment payback period or returns.

Net Working Capital

A comparison of a company's short-term assets versus its short-term obligations, indicating its fiscal health in the immediate future.

Capital Cost Allowance (CCA)

A taxable expense in Canadian tax law that represents a yearly deduction for the depreciation of property used in a business or profession.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be converted to cash in the near-term.

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