A Measure of the Resource Cost Associated with Goal Accomplishment

question 43

Multiple Choice

A measure of the resource cost associated with goal accomplishment is called:

• A) productivity.
• B) the bottom line.
• C) performance efficiency.
• D) organisational competency.
• E) performance effectiveness.

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Definitions:

Licensing

involves granting a legally protected right under a trademark, patent, or copyright to use, manufacture, or sell a product.

Domestic Trade Regulations

Rules and guidelines that govern the exchange of goods and services within a country.

Competitive Advantage

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

Licensing

A business arrangement in which one company gives another company permission to manufacture its product for a specified payment.