With Regard to a Firm's Resources (When Searching for Attractive

question 111

Multiple Choice

With regard to a firm's resources (when searching for attractive opportunities) :

• A) a manufacturer needs skilled production people more than skilled salespeople.
• B) lack of financial strength is often a barrier to entry.
• C) large companies always have an advantage over smaller companies.
• D) a familiar brand name is not very important since there are many new brand names.
• E) a patent owner has a 3-year monopoly to develop its product.

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Definitions:

Hand Skills

Abilities involving the use of the hands, including fine motor skills such as writing, grasping, and manipulating objects.

Proximodistal Development

A pattern of growth and development in children where physical and motor skills progress from the center of the body outward to the extremities.

Growth Spurt

A rapid increase in physical growth, often experienced during puberty, characterized by accelerated growth in height and weight.

Dendrites

Branch-like structures attached to neurons that help in receiving messages from other neurons.