The Internal Resource Categories Used in the Resource-Based Approach Are

question 124

Multiple Choice

The internal resource categories used in the resource-based approach are physical resources, human resources and

• A) financial resources.
• B) shareholder resources.
• C) organizational resources.
• D) natural resources.
• E) technological resources

Recognize the characteristics of efficient markets.

Understand the defining characteristics of small businesses and their importance in the economy.

Identify the common reasons behind small business failures and strategies to mitigate these risks.

Recognize the unique challenges and benefits associated with family businesses.

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Definitions:

Dividing Property

The process of allocating and distributing physical or intangible assets among parties, often occurring in contexts like divorce, estate planning, or dissolution of partnerships.

Divorcing Spouses

Individuals who are in the process of legally ending their marriage.

Petition for Divorce

A legal document formally requesting the termination of a marriage by one or both of the spouses involved.

Generally Included

Refers to items or conditions that are typically part of a specific agreement, package, or situation.