Sustained competitive advantage depends on firms developing unique combinations of _____, providing competencies that allow for flexible development in an uncertain and changing environment.

a. Resources
b. Capital
c. Technologies
d. People


a. Resources

Business

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Explain the different segmentation variables used in segmenting consumer markets

What will be an ideal response?

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ABC Inc has determined that it needs to increase its current ratio in order to be in compliance with a creditor's loan agreement. All else being equal, which of the following ways would be best for increasing their current ratio?

A) Increasing long-term assets B) Decreasing current assets C) Decreasing current liabilities D) Increasing long-term liabilities

Business

Which of the following is NOT a benefit of form reports?

a. Increase clerical accuracy b. Save time for the preparer c. Make data tabulation easier d. Increase personalization

Business

Leader-Member Exchange theory explains that people are often subconsciously placed into two different groups of followers. What are the two groups?

a. Minority group and Majority group b. Leadership group and Follower group c. In-Group reciprocity and Out-Group reciprocity d. In-Group exchange and Out-Group exchange

Business