Common Resource,skills and Organizational Requirements to Support an "Overall Cost

question 23

Multiple Choice

Common resource,skills and organizational requirements to support an "overall cost leadership" generic strategy include all but:

• A) Sustained access to capital
• B) Subjective measurement and incentives instead of quantitative measures
• C) Process engineering skills
• D) Tight cost control

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Definitions:

Invention

The creation or innovation of new ideas, processes, goods, or services that did not previously exist, contributing to technological or scientific advancement.

Income

Money earned from work, investments, business, or any other sources, representing the financial gain derived by individuals or businesses.

Technological Advance

A phase of innovation where new technologies significantly improve processes, goods, or services.

Manufacturing Industries

Sectors of the economy that use machinery, tools, and labor to produce goods for use or sale.