Which of the Following Drivers Simultaneously Increases Value While Lowering

question 101

Multiple Choice

Which of the following drivers simultaneously increases value while lowering cost?

• A) economies of scale
• B) superior customer service
• C) availability of complements
• D) innovation

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Definitions:

Human Capital

The collective skills, knowledge, and other intangible assets of individuals that can be used to create economic value for themselves, their employers, or their community.

Retaining Workers

The practices and strategies employed by organizations to keep their employees engaged, satisfied, and committed to remain with the company.

High-Performing Staff

Employees who consistently exceed expectations and deliver superior performance in their roles, contributing to the organization's success.

Retain Talented Employees

Strategies and practices employed by organizations to keep high-performing employees satisfied and engaged so they choose to stay with the company.