Which Strategy for Competitive Advantage Involves Improving the Manner in Which

question 142

Multiple Choice

Which strategy for competitive advantage involves improving the manner in which an organization executes its internal business processes?

• A)Cost leadership
• B)Differentiation
• C)Innovation
• D)Operational effectiveness
• E)Customer-orientation

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Definitions:

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are professionally managed.

Trading in Securities

The practice of buying and selling stocks, bonds, and other financial instruments, typically for short-term profit.

Audit Committee

A subgroup of a company's board of directors that oversees the financial reporting and disclosure process, working closely with auditors.