Given the Accelerated Pace of Technological Change,in Combination with Deregulation,globalization,and

question 96

Multiple Choice

Given the accelerated pace of technological change,in combination with deregulation,globalization,and demographic shifts,a firm will only be successful today if its

• A) competitive advantage is derived from static resource or market advantages.
• B) resource advantage is not causally ambiguous or socially complex.
• C) resource advantage is maintained for a short period of time.
• D) internal strengths change with its external environment in a dynamic fashion.

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Definitions:

Homemade Dividend

A strategy where investors create their own dividend policy by selling a portion of their holdings in a stock rather than relying on the company's dividend payments.

Dividend Reinvestment Program

A plan offered by a corporation that allows investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the dividend payment date.

Transaction Costs

Expenses incurred when buying or selling goods and services, including fees, taxes, and other charges.

Residual Dividend Policy

A strategy where dividends are based on earnings minus funds the firm retains to finance the equity portion of its investment and working capital requirements.