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:
Gain reported in 2019 is $200,000
Explanation:
The amount gained on Diamond's shares in 2017= (60-50)* 10,000= $100,000
Amount gained on Diamond's shares in 2018= (65-60)* 10,000= $50,000
Amount gained in 2019= (70-65)* 10,000= $50,000
So total gain reported in 2019= 100,000+ 50,000+ 50,000= $200,000
High return on an investment is associated with high risks.
the bigger amount you give for an investment, the bigger possibility that you can have bigger return however the higher risk that you can loss a big amount of money also.
Correct option is A. The best definition of the capability of a process is how well the input of a process satisfies the customer of the process.
<h3>What is the purpose of process capability analysis?</h3>
To determine how well a certain process complies with a set of specification restrictions, a set of techniques called process capability analysis is utilized. In other words, it assesses the effectiveness of a procedure.
In actuality, it compares the distribution of sample values—representing the output of the process—against the specification limits, or the upper and lower bounds of what we aim to achieve. It may also be compared to a specification target.
Process capacity indices are frequently used to describe a process's capabilities. Depending on your analytical needs, you could calculate one or more of the several process capability indices. However, in order to compute any process capacity indices, you must first presume that your process is stable.
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