The More a Resource Is Fmu-Specific and Difficult to Imitate

question 44

True/False

The more a resource is fmu-specific and difficult to imitate, the more likely a company holding that resource is said to have a distinctive competency.

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Definitions:

Inflation Rate

The magnitude of price escalation for goods and services across the board, causing a drop in consumer purchasing prowess.

Inflation Rate

The percentage increase in the general price level of goods and services in an economy over a given period, often measured annually.

GDP Deflator

An assessment tool for the prices of all new, domestically created, final goods and services in an economy.

Inventory

The total amount of goods and materials held in stock by a business.