Products of a Company Would ________ When No Other Firms

question 75

Multiple Choice

Products of a company would ________ when no other firms can have the capabilities needed to provide the same quality and quantity of products and services.

• A) have no market value
• B) be a rarity
• C) be difficult to imitate
• D) be substituted easily

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Definitions:

Planning

The process of formulating detailed strategies and actions to achieve specific goals and objectives.

Measuring Work Performance

The process of assessing the efficiency and effectiveness of an employee's job performance.

Corrective Action

Steps taken to rectify a problem or defect to prevent recurrence and ensure improvement.

Leading

The act of guiding and directing a group to meet its goals through influencing and motivating its members.