Competencies Include

question 100

Multiple Choice

Competencies include

• A)a person's learned abilities.
• B)a person's aptitudes.
• C)a person's skills.
• D)All of the answers are correct.
• E)None of the answers apply.

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Definitions:

Competitive Advantage

The facet of a business that it does better than all of its competitors.

Escalation Lease

A lease agreement that includes provisions for rent increases over the lease term.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

A Lease

A contractual agreement where one party (the lessor) allows another party (the lessee) to use an asset in exchange for payment over a specified period.