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andreev551 [17]
3 years ago
13

In order to be the basis for a firm's superior performance, a bundle of resources must be valuable, rare, and imitable.

Business
1 answer:
frozen [14]3 years ago
7 0

Answer:

The statement is: False.

Explanation:

A bundle of resources has three characteristics: valuable (<em>the resource helps the company to pursue its objectives and is priceless for consumers</em>), rare (<em>limited competition</em>), and inimitable (<em>resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive</em>).

Being<em> imitable </em>is the opposite of what a bundle of resources should be.

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Andrews Corporation uses the weighted-average method of process costing. The following information is available for February in
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Answer:

The cost for conversion as per equivalent unit of production is $5.85

Explanation:

Formula for cost of conversion per equivalent unit of production =

Total cost / Equivalent units of production

Equivalent cost of production for conversion is given = 95,000 UNITS

CALCULATING TOTAL COST =

Cost of beginning work in progress + Cost incurred in February ( conversion )

= $36,000 + $ 520,000

= $556,000

Putting the values of total cost and equivalent units of conversion in formula-

= $ 556,000 / 95,000

= $5.85

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3 years ago
Which of the following is a way to buy stocks ?
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You have just received notification that you have won the $2.5 million first prize in the Centennial Lottery. However, the prize
sergeinik [125]

Answer:

PV= $35,217,78

Explanation:

Giving the following information:

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Number of periods= 63 years

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PV= 2,500,000 / (1.07^63)

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8 0
3 years ago
​while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had h
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Beloved Baby Company manufactures and sells children's strollers. Each stroller requires eight screws. For September, Beloved Ba
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Answer:

The correct answer is D.

Explanation:

Giving the following information:

Each stroller requires eight screws. For September, Beloved Baby Company will begin September with 380 screws in its beginning inventory, and budgets ending inventory to be 210. Beloved Baby Company has budgeted stroller sales of 530 strollers, while 570 strollers are scheduled to be produced

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Total= 4,390

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