To be the basis of a firm's superior performance over competitors for an extended period of time, valuable and rare resources need to be:
A. patented.
B. inimitable.
C. fully utilized.
D. shared.
Answer: B
You might also like to view...
As a business adds more products to its product line, it decreases the risk of cannibalizing existing product sales
Indicate whether the statement is true or false
Profit from the business will be included on the balance sheet in the assets section.
Answer the following statement true (T) or false (F)
Due to a number of lawsuits related to toxic wastes, a major chemical manufacturer has recently experienced a market reevaluation. The firm has a bond issue outstanding with 15 years to maturity and a coupon rate of 8 percent, with interest being paid semiannually. The face value of the bond is $1,000. The required simple rate of return on this debt has now risen to 16 percent. What is the current value of this bond?
A. $1,273 B. $554 C. $7,783 D. $550 E. $450
What must a person do to acquire a parcel of land by adverse possession?