Which of the Following Is a Process Implementation Principle of Competitive

question 84

Multiple Choice

Which of the following is a process implementation principle of competitive advantage?

• A) creating a new product
• B) enhancing existing services
• C) establishing alliances with other organizations
• D) differentiating a service

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Definitions:

Leasehold

An interest in land or property which is held on a lease.

Lessor

A person or entity that rents out property or equipment to another party, known as the lessee, under the terms of a lease agreement.

Lessee

A person or entity that leases or rents property or equipment from another, known as the lessor.

Patent

A legal document granted by the government giving an inventor exclusive rights to make, use, and sell an invention for a certain period of years.