Many Firms Are Finding It Is Difficult to Compete Successfully

question 2

Multiple Choice

Many firms are finding it is difficult to compete successfully on cost leadership or differentiation alone, and they must, in fact, compete on both:

• A) Cost and design.
• B) Price and functionality.
• C) Cost and price.
• D) Design and functionality.
• E) Cost and functionality.

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Definitions:

Mathematical Ability

The capacity to understand, manipulate, and use numbers and mathematical concepts effectively.

Social Skills

The abilities used to communicate, interact, and build relationships with others effectively.

Adverse Impact

A concept in employment law referring to employment practices that appear neutral but have a discriminatory effect on a protected group.

Disparate Treatment

A form of discrimination in which individuals are treated differently based on prohibited factors such as race, age, or gender.