Examlex
Which of the following is true with regard to firm strategy in international labor relations?
Operational Excellence
Creates a competitive advantage by holding down costs to provide customers with the lowest-priced products.
Corridor Principle
The idea that opportunities become available to an entrepreneur only after the entrepreneur has started a business.
Windows of Opportunity
Specific time periods during which a certain action can be taken or an event can occur, often leading to new possibilities or success.
Secondary Opportunities
Secondary opportunities refer to additional chances or prospects that arise from the initial set of circumstances or activities, potentially leading to more benefits.
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