Which of the Following Approaches to Assess Competitive Advantage Is

question 34

Multiple Choice

Which of the following approaches to assess competitive advantage is based on the view that noneconomic factors can have a significant impact on a firm's financial performance?

• A) the triple-bottom-line approach
• B) the economic value creation framework
• C) the accounting profitability approach
• D) the balanced-scorecard

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Definitions:

Educational Achievement

Educational achievement refers to the accomplishments or success of an individual in academic and learning environments, often measured through grades, diplomas, degrees, and other formal credentials.

Credential Inflation

The phenomenon where the educational qualifications required for a particular job become increasingly higher, often exceeding the skills actually necessary for the job.

Benefit Employers

Advantages or favorable conditions created for businesses or organizations that employ individuals.

Head Start Program

A program in the United States aimed at early childhood education, health, and parent involvement services to low-income children and their families.