The Correct Prefix for the Multiplier 1,000,000,000 Is

question 116

Multiple Choice

The correct prefix for the multiplier 1,000,000,000 is:

• A)mega.
• B)milli.
• C)tera.
• D)giga.
• E)none of the above

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Definitions:

Porter's Generic Strategies

A framework devised by Michael Porter that outlines three strategic options for businesses to gain competitive advantage: Cost Leadership, Differentiation, and Focus.

Market Scope

Describes the extent and range of products and services a business offers, as well as the geographic and demographic characteristics of the market it aims to serve.

Competitive Advantage

Competitive advantage is the attribute that allows an organization to outperform its rivals, gained through offering greater value to consumers or operating more efficiently.

Strategic Leadership

The ability of influencing others towards the achievement of organizational goals through long-term visioning and by setting a high-level strategic direction.