________ are a subset of a firm's resources and are defined as tangible and intangible assets that enable a firm to take full advantage of other resources it controls.
A) Retained earnings
B) Capabilities
C) Human resources
D) Financial resources

Question

Quizplus · Accepted Answer

Capabilities refer to a firm's ability to use its resources effectively and efficiently to achieve its objectives. They are a key subset of a firm's resources and include both tangible (such as technology and equipment) and intangible (such as managerial expertise and organizational culture) assets that enable a firm to take full advantage of its other resources. Retained earnings and financial resources are not subsets of a firm's resources but rather categories of resources themselves, while human resources are a broader category that includes all personnel-related assets within a firm.

________ Are a Subset of a Firm's Resources and Are