Futura-Core Technologies, an Electronics Manufacturing Firm, Has Advantages in Financial

question 58

Multiple Choice

Futura-Core Technologies, an electronics manufacturing firm, has advantages in financial capability and sustainability, but a disadvantage in speed of innovation.It is also at a disadvantage relative to Core-Dynamix Technologies, another electronics manufacturing firm, in important factors such as manufacturing capability and adaptability to market conditions.Which of the following terms best describes Futura-Core's abilities in comparison to Core-Dynamix?

• A)comparative advantage
• B)collective bargaining
• C)competitive advantage
• D)absolute advantage

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Definitions:

Glass Ceiling

An invisible barrier that prevents minorities and women from rising to the upper rungs of the corporate ladder, regardless of their qualifications or achievements.

Affirmative Action

Policies or measures aimed at increasing the representation of minorities and women in areas of employment, education, and business from which they have been historically excluded.

Reverse Discrimination

Discrimination against members of a dominant or majority group, often as an attempt to correct historical injustices.

Occupational Stress

The stress experienced as a result of job-related pressures and challenges which can affect performance and well-being.