Which of the following is an example of a firm's resources?
A) routine activities like order taking and invoicing customers, performed in a firm
B) assistance available from the government in the form of rules and regulations
C) assets such as land and buildings owned by a firm
D) liabilities such as bills payables and short-term debts

Question

Quizplus · Accepted Answer

Assets such as land and building owned by a firm are considered as the firm's resources. Resources are any assets such as cash, buildings, machinery or intellectual property that a company can draw on when crafting and executing a strategy.

Which of the Following Is an Example of a Firm's