Two Valuable Firm Resources (Or Two Bundles of Resources) Are

question 48

True/False

Two valuable firm resources (or two bundles of resources) are strategically equivalent when each one can be exploited separately to implement the same strategies.

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Definitions:

Translation Gain

Translation gain arises when the exchange rate changes favorably while converting foreign currency transactions or financial statements into the reporting currency.

Exchange Rate

The price of one country's currency in terms of another currency, affecting international trade and finance transactions.

Cash Flows

refers to the in and out movement of cash and cash equivalents within a business.