Which of the Following Need(s) to Support a Firm's Competitive

question 43

Multiple Choice

Which of the following need(s) to support a firm's competitive approach?

• A) its financial standings
• B) its organizational design characteristics
• C) its informal communication channels
• D) its environment for green movement

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Definitions:

Scale Economies

Economic efficiencies that arise due to the increased output or size of an operation, leading to a reduction in average costs.

World Car

A term used to describe a model of car designed to meet the needs and preferences of consumers in multiple countries or regions.

Multidomestic Corporation

A company that operates in multiple countries, adapting its products and services to accommodate local preferences and legal requirements.

Autonomous Operations

Processes or tasks that are completed independently without direct human intervention, often involving automation or artificial intelligence.