Which of the Following Is Not an Assumption of the Internal

question 30

Multiple Choice

Which of the following is not an assumption of the internal perspective?

• A) Each firm is a unique collection of resources and capabilities.
• B) All firms possess the same strategically relevant resources.
• C) Resources are not highly mobile across firms.
• D) Firms acquire different resources and capabilities over time.

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Definitions:

Total Cost Concept

An approach that considers all variable and fixed costs associated with the production of goods or services.

Manufacturing Cost

The total expense involved in the manufacturing of a product, including raw materials, labor, and overhead costs.

Desired Profit

The amount of financial gain a company aims to achieve from its operations, often used in setting prices and targets.

Period Cost

Costs that are not directly tied to the production process and are expensed in the period in which they occur.