What Is a Competitive Advantage

question 36

Multiple Choice

What is a competitive advantage?

• A) A product that an organization's customers place a lesser value on than similar offerings from a competitor
• B) A product or service that an organization's customers value more highly than similar offerings from a supplier
• C) A service that an organization's customers place a lesser value on than similar offerings from a supplier
• D) A product or service that an organization's customers place a greater value on than similar offerings from a competitor

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Definitions:

Energized

Describes an electrical circuit or component that is active and under power, thereby capable of performing its intended function.

Electromagnet Control Relay

A relay device that uses an electromagnet to mechanically operate a switch, allowing lower power signals to control much larger power circuits.

Switch Contacts

The conductive parts in a switch that come together to complete an electrical circuit when activated.

Coil

In programming and electrical engineering, it refers to a command used in ladder logic for activation or control of outputs.