Innovation May Be Required to Maintain or Achieve ________ as Well

question 23

Multiple Choice

Innovation may be required to maintain or achieve ________ as well as a competitive advantage in many global markets.

• A)revenue
• B)customer satisfaction
• C)competitive parity
• D)profitability

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Definitions:

Craft

The skilled practice of a particular art, trade, or occupation, typically involving manual proficiency.

Direct Supervision

A management approach where supervisors have a direct oversight and control over the work and behavior of their subordinates.

Schwarz's Values

A theory proposing ten universal value categories that encompass individual motivations and guide behavior, developed by Shalom H. Schwartz.

Hedonism

The ethical theory that pleasure (in the sense of the satisfaction of desires) is the highest good and proper aim of human life.