Smooth Fusion Inc. is a software company that has built and acquired numerous assets over the years. According to the resource-based view of a firm, which of the following assets of Smooth Fusion Inc. will best enable it to gain and sustain a competitive advantage?
A. the expertise acquired by the employees in the company
B. the cloud computing service that it uses
C. the capital the company raised from its shareholders
D. the headquarters building owned by the company
Answer: A
You might also like to view...
What amount will be shown for collections from customers?
Artist Paints Company uses the direct method for preparing its statement of cash flow. Artist reports the following information regarding 2019:
From the income statement:
Sales Revenues, $267,000
Cost of Goods Sold, $210,000
Operating Expenses, $37,000
A) $263,200
B) $270,800
C) $267,000
D) $32,800
Since service departments do not generate revenues, it is unnecessary to accumulate and allocate their costs.
Answer the following statement true (T) or false (F)
A company's normal selling price for its product is $21 per unit. However, due to market competition, the selling price has fallen to $16 per unit. This company's current inventory consists of 190 units purchased at $17 per unit. Replacement cost has fallen to $14 per unit. Calculate the value of this company's inventory at the lower of cost or market.
A. $3230. B. $2610. C. $2760. D. $3040. E. $2660.
Which ethical criterion is described by the idea that a company should strive for efficiency?
A. Benevolence. B. Egoism. C. Business-centered. D. Principle.