Resources are any assets that a firm can draw on when formulating and implementing a strategy.
Resource based view is strategy based model that considers an organization's resources as a key to sustainable competitive advantage. The supporters suggests that a firm should look inside the company to find the sources of competitive advantage, instead of looking at the external competitive environment.
According to the Resource based view there are two types of resources: Tangible assets and intangible assets. Tangible assets are physical things such as land, building, machinery, equipment etc. Organizations can easily acquire them in market, so they confer little advantage. Intangible are assets that have no physical presence, such as brand reputation, trademark, etc. They play a significant role in sustaining of a firm as its competitors can't acquire these internal assets.
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Answer – B (He could fill out a FAFSA form to determine what
financial aid he would qualify for)
<span>The Free Application for Federal Student
Aid (FAFSA) form can be filled out annually by both current and soon-to-be
college students in the United States to determine whether they are qualified
for student financial aid.</span>
Answer:
The discount is for $86
It will be available until May 16th
Explanation:
the credit terms are 1/15, net 45
the first numebr is the discount amount, 1%
the second number is the days after billing this discount option is active, 15
net 45 means the customer can pay the nominal 8,600 within a 45 days period. After that it should renegociate the bill
The discount will be 8,600 x 1% = 8,600 x 0.01 = 86
It will be available up to 15 days after billing:
May 1st + 15 days = May 16th
Answer: The correct answer is "Hard Disk Arrays".
Explanation: Hard disk arrays are arrays capable of dividing and replicating data between multiple physical (tangible) drives and include spare disks which enable increased performance and redundancy.
This type of technology is generally implemented with the use of redundant arrays of independent disk schemes that are almost always done through hardware disk array controllers.
