A ____ Is Something That an Organization Does Extremely Well

question 89

Multiple Choice

A ____ is something that an organization does extremely well and may give a company an advantage over its competition.

• A) benchmark
• B) sustainable competitive advantage
• C) core competency
• D) strategic vision
• E) marketing opportunity

---

Definitions:

Expected Rate of Return

The expected return on an investment, based on the potential outcomes and their probabilities.

Production Process

The steps and methods involved in the creation of goods and services, from the procurement of raw materials to the final product.

Added Profit

Additional earnings generated from an action or operation beyond the original or expected profit.

Modern View of Technological Advance

This refers to the contemporary understanding that technological progress is a key driver of economic growth, influencing productivity, business models, and societal changes.