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An Organization's ________ Increases When Its Primary and Support Activities

question 4

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An organization's ________ increases when its primary and support activities produce desired output with lower costs.


Definitions:

Competitive Advantage

The attribute that allows an organization to outperform its competitors, including factors like superior quality, cost leadership, or innovative capabilities.

Factory System

An organizational method for manufacturing that involves workers and machinery in one location to produce goods on a large scale.

Guaranteed Profit

A commitment or assurance, often not feasible, that an investment will yield a positive return.

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