Examlex
Round the following to four-figure accuracy: 9.6455
Operational Excellence
The execution of the business strategy more consistently and reliably than the competition, involving continuous improvement in processes and achieving high customer satisfaction.
Competitive Advantage
An attribute or combination of attributes that allows an organization to outperform its competitors, including cost structure, product quality, brand, customer service, or technology.
Home-Based Businesses
Enterprises that are operated from the owner's home, often utilizing online and digital tools for operations and marketing.
Capital Base
The amount of capital invested in a business by its owners plus any retained earnings, serving as the financial foundation for growth and operations.
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