________ Enable a Firm to Reduce the Costs of Value

question 98

Multiple Choice

________ enable a firm to reduce the costs of value creation and/or to create perceived value in such a way that premium pricing is possible.

• A) Core competencies
• B) Global standardization strategies
• C) Operations
• D) Location economies

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Definitions:

Facilitator

An individual who helps a group to understand their objectives and assists them in planning how to achieve these objectives without taking a particular position in the discussion.

Participant

An individual who actively takes part in an activity, process, or event.

Coach

An individual who supports, trains, and guides others in achieving their personal or professional goals.

Team Skill

Composite of abilities and competencies that members of a team possess and utilize to achieve collaborative tasks and goals effectively.