Examlex
Railroads were once operated based on the thinking that users wanted trains rather than transportation, overlooking the challenge of other modes of transportation. This reflects the ________.
ISO Certification
Indicates conformance with a rigorous set of international quality standards.
World-Class Companies
Firms that excel in their operations globally, often setting the standard for innovation, quality, and efficiency in their industries.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior position compared to its rivals in the market.
Value Chain
A series of activities or processes that a company performs to deliver a valuable product or service to the market.
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