Which of the Following Statements Is False

question 67

Multiple Choice

Which of the following statements is false?

• A) For purposes of computing GDP,the purchases of new residential housing are considered investment although it is undertaken by the household sector.
• B) Consumption includes spending on durable goods but not spending on services.
• C) Investment includes fixed investment but not inventory investment.
• D) b and c

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Definitions:

Capabilities

A complex combination of people and processes that represent the firm's capacity to exploit resources that have been specially integrated to achieve a desired result.

Resources

Refers to all assets, capabilities, organizational processes, firm attributes, information, knowledge, etc., that a firm controls and can use to implement strategies and achieve its objectives.

Strategy Implementation

The process of putting plans, strategies, or policies into action to achieve strategic goals and objectives.

Strategic Plan

A long-term, overarching plan of action designed to achieve major goals and objectives within an organization.