The Ability of an Organization to Outperform Others by Producing

question 122

Multiple Choice

The ability of an organization to outperform others by producing goods or services more effectively than its competitors is called its

• A)competitive advantage.
• B)quality.
• C)efficiency.
• D)innovation.
• E)effectiveness.

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Definitions:

Development Approach

A methodology or strategy used in the planning and execution of projects to achieve specific objectives.

Positive Approaches

Strategies or methodologies that emphasize constructive actions, optimism, and beneficial outcomes in various contexts.

Normative Framework

A set of principles or guidelines that establish the standards for what is considered right or acceptable behavior within a given context.

Predict

To foretell or project the likelihood of future events or trends based on data analysis, patterns, or informed insights.