Explain the three tests discussed in the text that can be applied to identify core competencies
What will be an ideal response?
At least three tests can be applied to identify core competencies in a company. First, a core competence provides a potential access to a wide variety of markets, second should make a significant contribution to the perceived customer benefits of the end-product, and third should be difficult for competitors to imitate.
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Capital structure is best defined by which of the following questions?
A) How will we finance our product and service choices? B) What business are we in? C) How will we manage our day-to-day financial needs? D) What is our firm's best choice for corporate governance?
A cumulative distribution function, F(x), specifies the probability that the random variable X will assume a value greater than or equal to a specified value, x
Indicate whether the statement is true or false