A Firm's Resource Is Most Likely to Be an Internal

question 107

Multiple Choice

A firm's resource is most likely to be an internal strength and a core competency when the resource is

• A) valuable but common.
• B) valuable and costly to imitate.
• C) easily accessible and mobile.
• D) easy to substitute.

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Definitions:

Fixed Coupon

A bond or debt security that pays a specified rate of interest throughout its entire term.

Maturity

The state of being fully developed in the body or the mind, or the point at which an instrument of credit becomes due.

Mainstream Venture Capitalists

Investors that focus on providing capital to firms considered to have high growth potential in well-established markets.

Management

The process of administering and coordinating resources efficiently and effectively in achieving predetermined objectives.