Companies That Think _____ Have a Competitive Edge

question 145

Multiple Choice

Companies that think _____ have a competitive edge.

• A) globally
• B) regionally
• C) nationally
• D) strategically
• E) "customers first"

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Definitions:

Qualitative Forecasting

A forecasting method that relies on expert opinions, theories, and market research instead of numerical data.

Special Expertise

Specific knowledge or skills that set an individual or organization apart from others in the same field.

Fixed Budget

A predetermined budget that does not change or vary with the level of activity or output.

Policies

A set of principles or guidelines formulated or adopted by an organization to reach its long-term goals and typically published in a booklet or other form that is widely accessible to employees.