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Scenario: Better Mousetrap Inc.
Better Mousetrap Inc. is a manufacturing company that sells pest control products. Recently the company launched an innovative mousetrap with a unique design that has been selling well in the U.S. market. Senior Vice President Marc Wallace, even recommended expanding sales overseas in order to increase company revenues.
-National competitive advantage theory states that a nation's competitiveness in an industry depends on ________.
Metric-intensive
Metric-intensive describes activities or processes that heavily rely on the use of metrics, measurements, and data analysis for decision-making, performance assessment, or optimization.
Worker Productivity
The output of goods or services produced per unit of labor input.
Financial Flows
Financial flows refer to the movement of money for the purpose of investment, trade, or business operations, including the inflow and outflow of capital internationally.
E-payments
Electronic payments, methods of paying for goods and services electronically, without the use of physical money.
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