The Valuable Asset of Firms, Whose Competitive Advantage Is Based

question 64

Multiple Choice

The valuable asset of firms, whose competitive advantage is based on management know-how, is their

• A) top management staff.
• B) USP.
• C) advertisements.
• D) brand name.

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Definitions:

Highly Educated Workers

Individuals in the workforce who have attained a high level of education, typically holding a college degree or higher.

Temporary Assistance

Short-term aid provided by governments or organizations to individuals or families in need, often meant to support them until they regain financial independence.

Needy Families

Households that require financial assistance or social aid to meet their basic needs such as food, shelter, and healthcare.

Poverty Threshold

The minimum level of income deemed necessary to achieve an adequate standard of living in a specific geographical area.