Fill in the Letter of the Word That Best Fits

question 50

Essay

Fill in the letter of the word that best fits in each sentence. Use each letter only once.

Understand how operating efficiencies contribute to competitive advantage.

Recognize different production methods (small-batch, continuous-process, mass production) and their characteristics.

Understand the concept of competitive advantage and its significance.

Identify how technology impacts transformation processes in organizations.

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Definitions:

Cumulative Voting

A voting system used in corporate elections, allowing shareholders to concentrate all their votes on one candidate rather than spreading them out, enhancing minority shareholders' representation.

Straight Voting

A voting method in corporate elections allowing shareholders to cast all their votes for a single candidate for each available position.

Minority Shareholders

Shareholders who own a smaller portion of a company's shares and typically do not have control or significant influence over company decisions.

Ordinary Proxy

A standard proxy that grants another individual the right to vote shares on behalf of the shareholder at a company's annual meeting.