Competitive Advantage for an Organization Manifests Itself as All of the Following

question 72

Multiple Choice

Competitive advantage for an organization manifests itself as all of the following except:

• A) Lower costs
• B) Higher quality
• C) Increased time to market
• D) Increased profits
• E) Increased speed

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Definitions:

Direct Expenses

Expenses that can be traced directly to a specific department.

Specific Department

A designated segment within an organization focused on a particular area of activity or operations.

Profit Center

A business unit or department which is treated as a separate entity for the purpose of calculating its profitability.

Cost Center

A segment within an organization that is responsible for incurring costs, without directly contributing to the company’s income.