High Quality of Products Is an Important Source of Competitive

question 27

True/False

High quality of products is an important source of competitive advantage for organizations.

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Definitions:

Labor Force

The labor force constitutes all the working-age population who are either employed or actively seeking employment.

Drops Out

Leaving a course of study or institution before completion.

Unemployed Classification

The categorization of individuals who are not currently working but are actively seeking employment and are available to start work.

Utilizes Skills

Refers to the effective use or application of individuals' abilities and competencies in professional or practical tasks.