Competitive Advantage Can Be Achieved Through _____ by Finding Ways

question 42

Multiple Choice

Competitive advantage can be achieved through _____ by finding ways and using technology to adjust and tailor products and services to fit customer needs in ways that are difficult for one's competitor to match.

• A) quality
• B) costs
• C) flexibility
• D) delivery
• E) durability

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Definitions:

Resided

Generally means to live in a particular place, but in a financing context, it is NO.

Trustor

An individual or entity that creates a trust by transferring assets to a trustee, who manages the assets for the benefit of a third party, the beneficiary.

Fiduciary

A person or organization that acts on behalf of another individual or individuals, managing assets for their benefit with a duty to act in their best interest.

Ultimate Recipient

The final beneficiary or entity that receives funds or benefits, often in the context of grants or financial transactions.