The Four Building Blocks of Competitive Advantage Are Superior Efficiency;

question 77

Multiple Choice

The four building blocks of competitive advantage are superior efficiency; speed, flexibility, and innovation; responsiveness to customers; and

• A)cost control.
• B)quality.
• C)future growth potential.
• D)geographic location.
• E)employee satisfaction.

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Definitions:

Political Process

The methods and actions taken to formulate and implement public policies or to elect individuals to government positions, involving participation by citizens, politicians, and institutions.

Revolutionary War

Also known as the American Revolution, it was the conflict between Great Britain and its thirteen colonies in North America from 1775 to 1783 that led to the colonies gaining independence.

France

A country in Western Europe known for its rich history, culture, cuisine, and significant contributions to art, science, and philosophy.

Mercenaries

Soldiers for hire who are not part of a regular army or any country's official military force, often motivated by private gain.