Success in Achieving a Low-Cost Edge Over Rivals Comes From

question 6

Multiple Choice

Success in achieving a low-cost edge over rivals comes from:

• A) strong efforts to be a leader in manufacturing process innovation.
• B) communicating the product's ability to serve the customer's every need.
• C) employing an aggressive offense to gain market share or a conservative defense to
• D) protecting its market position.
• E) out-managing rivals in finding ways to perform value chain activities faster,more accurately,and more cost efficiently.

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Definitions:

Judicial Activism

The practice where judges make rulings based on personal or political considerations rather than on existing law, often leading to decisions that enact new policies.

Judicial Restraint

A philosophy where judges play a minimal policymaking role, interpreting the Constitution and laws strictly and deferring to the legislative and executive branches.

Certiorari Pool

A system used by the Supreme Court justices to review petitions for writs of certiorari, where law clerks screen cases and recommend whether they should be heard.

Supreme Court Law Clerks

Highly qualified young attorneys who assist Supreme Court Justices by conducting legal research, drafting opinions, and performing various clerical tasks.