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1. An organizational resource would include


a. The brand names an organization has trademarked.
b. A firm's formal reporting structure.
c. Patents and copyrights.
d. All of the above.


2. A defining attribute of a core competence is that it is


a. Ethical and sustainable
b. In-house and can be outsourced
c. A source of globalization
d. Rare and valuable

3. Who are the primary stakeholders of a corporation?


a. There is no such thing as a primary stakeholder.
b. Bankers who lend money to a corporation.
c. Customers, who are the source of all revenue.
d. An employee, without whom value addition is impossible.

4. What is a good example of inbound logistics in a value chain?


a. Coordinating the receipt of raw materials
b. Material handling and warehousing
c. Inventory control
d. All of the above

5. Which of these business leaders is still the CEO of their company?


a. Bill Gates/Microsoft.
b. Jack Welch/GE.
c. Warren Buffet/Berkshire Hathaway.
d. Bernie Ebbers/Worldcom

 

 

Basic Finance, Finance

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