A corporation's ability to exploit its resources is referred to as its
A) resources.
B) capabilities.
C) core competencies.
D) critical success factors.
E) key performance factors.

Question

Quizplus · Accepted Answer

Capabilities refer to a corporation's ability to exploit its resources in order to create value and gain a competitive advantage. While resources and core competencies are related concepts, they do not fully capture the idea of a corporation's ability to turn resources into value. Critical success factors and key performance factors are measures of a corporation's success, but do not necessarily reflect its ability to exploit its resources.

A Corporation's Ability to Exploit Its Resources Is Referred to as Its