An Entrepreneurial Company Can Differentiate Itself by Creating a Distinctive

question 26

Multiple Choice

An entrepreneurial company can differentiate itself by creating a distinctive image in customers' minds or by offering ________.

• A)superior service and quality
• B)exceptional design and convenience
• C)speed and performance
• D)All the above

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Definitions:

Decreasing Inputs

The process or trend of reducing the amount of resources, labor, or material used in the production of goods or services.

Productivity Ratio

A measure of the efficiency of production, often calculated as the ratio of outputs produced to inputs used.

Bagel Company

A business that specializes in the production and sale of bagels, often including various flavors and toppings.

Resources Used

Refers to the various materials, capital, and human resources that are utilized in the production of goods or services.