________ Enable a Firm to Reduce the Costs of Value

question 98

Multiple Choice

________ enable a firm to reduce the costs of value creation and/or to create perceived value in such a way that premium pricing is possible.

• A) Core competencies
• B) Global standardization strategies
• C) Operations
• D) Location economies

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Definitions:

Qualitative Changes

Transformations in developmental stages that indicate a fundamental change in an individual's capabilities or behavior.

Cognition

The process of gaining knowledge and comprehension through thinking, experiencing, and sensing.

Brain Development

The process involving changes in the brain's structure and function over the course of a lifespan, critically influencing cognitive, motor, and emotional abilities.

Visible Imitation

The act of copying or mimicking visible actions or behaviors observed in others.