Most Successful Firms Are Getting Leaner by Focusing on Their

question 27

Multiple Choice

Most successful firms are getting leaner by focusing on their ________, the skills and resources with which they compete best and create the most value for owners.

• A) viral marketing
• B) core competencies
• C) processes
• D) business process management
• E) political-legal environment

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Definitions:

Interest Rates

The cost of borrowing money or the return on investment expressed as a percentage, typically on an annual basis.

CPI

Consumer Price Index, which measures the average change over time in the prices paid by consumers for a market basket of consumer goods and services.

Social Security Payments

These are government payments made to qualifying individuals, such as the elderly or disabled, to help support their income.

Indexed

Adjusted or linked to a specific index or a standard measurement, commonly used to maintain purchasing power or adjust for inflation.