The Two Primary Competitive Levers That Managers Can Use in Order

question 56

Multiple Choice

The two primary competitive levers that managers can use in order to answer the question of how to compete are:

• A) Cost and core competencies.
• B) Value and cost.
• C) Value and core competencies.
• D) Cost and revenues.

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Definitions:

Fluid Intelligence

The capacity to reason quickly and think abstractly, enabling problem solving and the ability to adapt to novel situations.

Problem Solving

The process of working through details of an issue to reach a solution, often involving critical thinking and logic.

Marianismo

A cultural belief in many Latin American societies that women should be pure, sacrificial, and submissive, embodying the virtues of the Virgin Mary.

Cultural Imperatives

Cultural imperatives refer to the essential norms, values, and practices that are widely considered necessary or obligatory within a specific society or culture.