Maintaining a Competitive Advantage Is Very Important to the Success

question 113

Multiple Choice

Maintaining a competitive advantage is very important to the success of today's businesses. All of the following strategies will help a firm remain competitive, except:

• A) ignoring competitor movements, including new products and services offered by the competition.
• B) restructuring internal processes, including the elimination of some jobs.
• C) spending funds on customer service training for front-line employees.
• D) adhering to a vision of employee empowerment and striving to exceed customer expectations.

Understand the federal laws and protections related to retirement planning.

Identify housing options and preferences for retirees.

Describe the division of assets and pension benefits in divorce scenarios within the context of retirement planning.

Understand annuities and their role in retirement income planning.

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Definitions:

Loaded

Often relates to questions or statements designed to elicit emotional responses or contain an implicit assumption.

Yea-Saying

The tendency of respondents to agree with statements or questions regardless of their actual opinion, often leading to bias in survey responses.

Loaded

A term used to describe questions or statements that are designed to elicit emotional responses or include assumptions, potentially biasing the response.

Simplistic

An approach or explanation that oversimplifies a concept or issue, often ignoring complexities and nuances.