Examlex
Which of the following is a characteristic of performance tests?
Synergy
The concept that the combined effect of a team or group is greater than the sum of individual efforts.
Cost-Leadership Strategy
A business strategy aiming to become the lowest-cost producer in the industry to gain a competitive advantage.
Brand Loyalty
The tendency of consumers to continuously purchase one brand's products over competing ones due to satisfaction, trust, and a positive experience with the brand.
Premium Price
Charging a higher price for goods or services, typically justified by the perceived higher quality or uniqueness.
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