The Value of a Firm's Portfolio of Resources and Capabilities

question 28

Multiple Choice

The value of a firm's portfolio of resources and capabilities is directly affected by ________.

• A) the reactions of competitors
• B) the dynamic nature of the competitive environment
• C) management's risk tendency
• D) its capability to reconfigure resources

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Definitions:

Trophic Levels

The positions that organisms occupy in a food chain, which are determined by the number of energy-transfer steps to that level.

Energy Transfer

The movement of energy from one part of an ecosystem to another, typically through the process of eating and being eaten.

Carnivores

Organisms that primarily consume meat for nutrition, typically predators or scavengers, equipped with adaptations tailored for a diet of animal flesh.

Consumers

Organisms that obtain their energy by eating other organisms or organic matter instead of producing their own food, as in the case of plants.