Establishing a Competitive Business Model,method,or Technique Enabled an Organization to Provide

question 61

True/False

Establishing a competitive business model,method,or technique enabled an organization to provide a product or service that was superior and created a(n)competitive advantage._________________________

---

Definitions:

Hierarchy

A system in which members of an organization or society are ranked according to relative status or authority.

Social Mobility

The movement of individuals, families, or groups through a system of social hierarchy or stratification.

Social Stratification

A system by which society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power.

Hierarchical Ranking

A system where entities are arranged in a graded order from lowest to highest based on certain criteria.