Research Suggests That Having a Competitive Advantage in __________ Creates

question 70

Multiple Choice

Research suggests that having a competitive advantage in __________ creates more value with a cost leadership strategy than with a differentiation strategy.

• A) marketing and sales
• B) technology development
• C) logistics
• D) human resource management

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Definitions:

Empowerment

The process of giving employees power, resources, and opportunities to make decisions, take action, and contribute to the company's success.

Job Satisfaction

The level of contentment employees feel with their job roles, which can affect their performance and commitment to the organization.

Shared Knowledge

Information or understanding that is accessible to and shared among a group or community.

Innovations

The process of introducing new ideas, devices, or methods to improve something or solve a problem.