The Difference Between a Resource and a Capability Is

question 23

Multiple Choice

The difference between a resource and a capability is:

• A)A resource is a productive asset;a capability refers to what the firm can do
• B)A resources are static;capabilities are dynamic
• C)A resource is a weak source of competitive advantage whereas a capability is a strong one
• D)There is no clear distinction: a capability is a type of resource

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Definitions:

Modifications

Modifications refer to changes or alterations made to a product or system, often to improve functionality, efficiency, or to tailor it to specific needs or preferences.

Mixing Machines

Equipment used in various industries for blending or combining ingredients or materials into a homogeneous or specific mixture.

Demand

The desire of purchasers, consumers, or clients for a particular good or service, coupled with the capacity to purchase it.

Variable Cost

Expenses that vary directly with the level of production or sales, including costs for raw materials and direct labor.