Which of the following statements about the resource-based view of organizations is accurate?
A. It suggests that resources are valuable because they are plentiful.
B. It describes what makes resources capable of creating long-term profits for the firm.
C. It suggests that the value of resources depends on a single factor.
D. A firm's resources include resources related to individual behavior.
E. It suggests that inimitable resources are of lesser value to an organization.
Answer: B
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The number of small business owners who are choosing to go it alone is increasing significantly because this option has been made increasingly manageable by
A. new tax incentives. B. emerging technologies. C. expanding social networks. D. balanced management teams.
Answer the following statement(s) true (T) or false (F)
1. Organizational structure can be described by its degree of complexity, formalization, and centralization. 2. Mintzberg proposed that all organizations are composed of five essential parts: the operating core, the middle line, the support staff, the technostructure, and the strategic apex. 3. Institutional theories focus not on single organizations but on the strategies, structures, and management of whole populations of organizations, such as industries. 4. Institutional theory focuses on the ways that organizations in shared environments come to adopt similar structures that are reinforced in interactions with other organizations. 5. Regardless of country, larger organizations tended to be more formalized, specialized, and less centralized.
Under the federal Bankruptcy Code, the exemption amount for the debtor's personal residence is
a. $22,975. b. $55,200. c. unlimited. d. $125,000.
Businesses usually pay taxes on the personal property they own, use, or lease.
Answer the following statement true (T) or false (F)