Which of the Following Is Not a Key Factor in the Development

question 12

Multiple Choice

Which of the following is not a key factor in the development of an industrial economy in Britain?

• A) a focus on experimentation
• B) protective tariffs
• C) constitutional government
• D) primogeniture laws

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Definitions:

Competitive Advantage

The ability of a company or business to perform in a way that allows it to outperform its competitors.

High-Performance Climates

Environments within organizations that foster exceptional performance levels through motivating and engaging employees.

Dynamic Environment

A situation or context that is constantly changing, often unpredictably, requiring flexibility and quick adaptation.

Competitive Pressures

The challenges and forces that businesses face from rivals in the market, pushing them to improve, innovate, and efficiently manage resources.