Examlex
Which of the following is a correct definition for the abbreviation NCAT?
Service Innovation
The introduction of new or improved services to meet customer needs more effectively, often involving new technologies or business models.
Hispanic-Owned Businesses
Firms where the ownership is majorly held by individuals of Hispanic descent, often tracked for demographic and economic analysis.
Self-Employment
The status of working for oneself as a freelancer or the owner of a business rather than for an employer.
Competitive Advantage
An attribute or condition allowing a company to outperform its competitors, such as superior product quality, cost leadership, or a unique distribution network.
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