According to the Text,competencies

question 86

Multiple Choice

According to the text,competencies:

• A)are skills or abilities required in order to achieve competitive advantage.
• B)refer to the ability of a company to have higher rates of profits than its competitors.
• C)create value for customers and for which customers are willing to pay.
• D)create value for manufactures and for which customers are willing to pay.
• E)refer to the ability of a company to have higher rates of FDI.

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Definitions:

Straight-Line Depreciation Rate

A method of calculating the depreciation of an asset, where the asset's cost is evenly distributed over its useful life.

Useful Life

The estimated duration an asset is expected to be economically usable, with normal wear and tear.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, representing the asset's wear and tear, deterioration, or obsolescence.

Units-of-Activity Method

A depreciation technique that calculates the depreciation of an asset based on its usage, activity, or units produced instead of time.