Which Model Tends to Focus on the Internal Assets of a Company

question 17

Multiple Choice

Which model tends to focus on the internal assets of a company?

• A)five-forces model
• B)resource-based model
• C)supply and demand model
• D)profit-maximization model

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Definitions:

Nontariff Trade Barrier

Restrictive regulations and policies other than tariffs that countries use to control the amount of trade across their borders, including quotas, embargoes, or standards.

Domestic Subsidies

Financial aid provided by a government to support a domestic industry or sector, reducing the cost of production or services for national companies.

Import Licensing

A government policy requiring businesses to obtain official permission before importing certain goods, often used to control the amount of goods entering a country.

European Works Council

A body representing European employees, established to provide information and consultation rights on transnational matters affecting workers in the European Union.