________ Allows a Firm to Reduce Its Cost of Creating

question 90

Multiple Choice

________ allows a firm to reduce its cost of creating value and increase its profitability.

• A) Moving down the experience curve
• B) Moving up the experience curve
• C) Moving down the learning effect curve
• D) Moving up the learning effect curve

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Definitions:

Intrapreneurship

The practice of fostering entrepreneurial behavior within a large organization to develop new products or technologies.

Command and Control

A hierarchical organizational structure and management style where decisions and directives come from the top and are implemented without questioning by lower levels of the organization.

Innovation

The process of translating an idea or invention into a good or service that creates value or for which customers will pay.

Civil Disobedience

The active, professed refusal to obey certain laws, demands, or commands of a government, as a form of peaceful political protest.