Which Strategy for Competitive Advantage Improves the Manner in Which

question 36

Multiple Choice

Which strategy for competitive advantage improves the manner in which internal business processes are executed so that a firm performs similar activities better than its rivals?

• A)Cost leadership
• B)Differentiation
• C)Innovation
• D)Operational effectiveness

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Definitions:

Treasury Bills

Short-term government securities issued at a discount from the face value and mature in a year or less, used to raise funds and manage the money supply.

Weekly Disbursements

Regular payments or expenditures made by an organization or individual within a one-week period, often related to operational costs.

Interest Rate

The sum demanded by a lender, as a percentage of the principal sum, for allowing a borrower to use their resources.