The Building Blocks of Competitive Advantage Are Efficiency, Quality, Innovation

question 47

True/False

The building blocks of competitive advantage are efficiency, quality, innovation, and responsiveness to customers.

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Definitions:

Knowledge

Information, understanding, or skills acquired through education, experience, or training; it is the theoretical or practical understanding of a subject.

Expatriate Managers

Managers who are sent by their employers to work in a foreign country for a temporary period.

Repatriation

The process of employee transition home from an international assignment

Autocratic Style

A leadership approach characterized by individual control over all decisions and little input from group members.