A Company's Business Processes Can Be a Source of Competitive

question 83

True/False

A company's business processes can be a source of competitive strength if they enable the company to innovate or to execute better than its rivals.

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Definitions:

Public

Pertains to the general population or community at large, often in contrast to private or individual interests.

Private

Pertaining to or owned by an individual or entity not affiliated with the government or public sectors.

Common

Referring to something usual, shared, or widespread; often contrasted with what is unique or uncommon.

Strong Cultures

Corporate or organizational cultures that are highly cohesive, with shared values and norms guiding employee behavior and contributing positively to the organization's performance.