Which of the Following Should an Organization Do in Order

question 41

Multiple Choice

Which of the following should an organization do in order to obtain a competitive advantage through superior innovation?

• A) Reduce the number of components that go into its products
• B) Decrease the number of product attributes and lower the price of its products
• C) Set up a strong team to handle after-purchase support
• D) Produce products with technologies that have not been used previously
• E) Provide high-quality products to create a brand-name reputation for its products

---

Definitions:

Short-Term Loans

Loans that are meant to be repaid in a short period of time, typically less than a year, used to address immediate financial needs.

Poverty

The state of being extremely poor, where individuals or communities lack the financial resources for basic needs such as food, shelter, and healthcare.

Wicked Problems

Complex issues that are difficult to solve due to incomplete, contradictory, and changing requirements that are often hard to recognize.

Refugee Crisis

A situation where large groups of people are displaced from their country of origin due to conflict, persecution, or environmental disasters, seeking refuge elsewhere.