Answer :
Answer:
The correct answer is letter "A": having proven technological expertise and an ability to churn out new and improved products on a regular basis.
Explanation:
Resources are all those components that organizations use for production. Mostly known as the factors of production they are:
- Land: physical territory where the company handles its operations including its raw materials.
- Capital: monetary resources, machinery, technology, and buildings. Social and intellectual capital.
- Labor: people performing physical and intellectual work.
- Entrepreneurship: innovation to use the land, capital, and labor at its maximum level possible.
Therefore, technology is a source useful for production from where companies can create other goods. Combined with expertise it could represent a competitive advantage that allows firms to outstand.