Simply Being Aware of the Causes and Techniques of Political

question 22

True/False

Simply being aware of the causes and techniques of political behavior can help a manager check his or her effects.

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Definitions:

Competitive Advantage

is a condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Cost Leadership

A business strategy focusing on gaining a competitive advantage by being the lowest-cost producer in the industry while maintaining acceptable quality levels.

Cost-Efficient Formula

A method or calculation designed to minimize expenses while maximizing output or effectiveness, achieving an optimum balance between cost and performance.

Competitors

Other businesses or individuals that offer similar products or services and vie for the same customers or market share.