A Unique Skill And/or Knowledge an Organization Possesses That Gives

question 89

Multiple Choice

A unique skill and/or knowledge an organization possesses that gives it an edge over competitors is called a

• A)strategic advantage alliance.
• B)better business benefit.
• C)core competency.
• D)dated benchmark.
• E)comprehensive advantage.

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Definitions:

Poor

Individuals or communities that lack financial resources and essentials for a minimum standard of living.

Poverty Threshold

The minimum level of income deemed adequate in a particular country to maintain a standard of living.

Family Size

The number of individuals living in a household, often impacting economic decisions and living standards.

Lorenz Curve

A graphical representation of income or wealth distribution within a society, indicating the degree of inequality.