Although General Administration Is Often Viewed Only as Overhead Expense,it

question 40

Multiple Choice

Although general administration is often viewed only as overhead expense,it can become a source of competitive advantage.Examples include all of the following EXCEPT:

• A) negotiating and maintaining ongoing relations with regulatory bodies
• B) marketing expertise increasing the revenues of the firm and enabling it to enter new markets
• C) effective information systems contributing significantly to overall cost leadership strategy for the firm
• D) top management providing a key role in collaborating with important customers

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Definitions:

Preventable Incidents

Events or occurrences that could be avoided through proper caution, preparation, or action.

Hospitalization

The process of admitting a patient to a hospital for treatment, observation, or care.

Rights

Entitlements or permissions granted to individuals by law, society, or nature, often considered fundamental to human dignity.

Working Conditions

The environmental and circumstances of the workplace that affect the physical and mental well-being of employees.