A Firm's Skills in Using Its Resources to Create Goods

question 29

Multiple Choice

A firm's skills in using its resources to create goods and services are its ________.

• A) resources
• B) capabilities
• C) values
• D) logistics

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Definitions:

Perceived Status

The status or rank that individuals or groups believe they hold within a social or organizational hierarchy, which can affect attitudes and behaviors.

Leadership Style

The characteristic manner and approach of providing direction, implementing plans, and motivating people.

Leader-Team Perceptual Distance

This refers to the gap in perceptions and understanding between a leader and their team regarding various aspects such as goals, strategies, or performance expectations.

Goal Accomplishment

The successful achievement of a task or objective that has been set.