Which of the Following Is True of a Tangible Resource

question 1

Multiple Choice

Which of the following is true of a tangible resource?

• A)It is an economically valuable asset such as brands and patents.
• B)It has a physical presence such as land, machinery, and cash.
• C)It includes employee and management skills and talents.
• D)It includes organizational assets like knowledge and reputation.

Grasp the impact of cultural and social factors on mental health.

Recognize the limitations and criticisms of the DSM-5 classification scheme.

Understand the environmental and psychosocial triggers of mental illness.

Differentiate between organic and functional types of mental disorders.

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Definitions:

High-value Customers

High-value customers are individuals or entities that generate a significantly higher profit margin or revenue for a business compared to the average customer.

Low-value Customers

Customers who contribute minimally to a company's profitability, often requiring more resources than they generate in revenue.

Arbitrage

The practice of buying and selling assets in different markets or forms to profit from differing prices for the same asset.

Predatory Pricing

A strategy where a firm sets prices below cost with the intention of driving competitors out of the market, and then possibly raising prices to higher levels once competition is reduced.