When a Company in the Auto Industry Uses Robots to Work

question 48

Multiple Choice

When a company in the auto industry uses robots to work on the assembly lines they are trying to gain competitive advantage by:

• A) switching costs.
• B) product differentiation.
• C) establishing alliances.
• D) reducing costs.

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Definitions:

Intelligence

The ability to acquire and apply knowledge and skills, including problem-solving, learning, and the adaptation to new situations.

Least Important

A term typically used in prioritization or evaluation contexts, indicating the item with the lowest priority or significance in a given list or comparison.

Great Person Approach

A theory suggesting that history is shaped by the actions of great leaders or exceptionally talented individuals with innate qualities of leadership.

Political Leaders

Individuals who hold positions of power in government organizations and are responsible for setting and implementing policies and decision-making.