What Is the Term for an Organization's Ability to Achieve

question 43

Multiple Choice

What is the term for an organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination of waste, and tight cost control?

• A) Marketing strategy
• B) Product differentiation
• C) Cost leadership
• D) Competitor differentiation

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Definitions:

Efficient Writing

Writing that is clear, concise, and effective, achieving its purpose with a minimum of wasted effort or unnecessary complexity.

Request For Proposal

a document issued by an organization inviting vendors to submit proposals for a project or service, detailing the requirements and criteria for selection.

Letter Of Transmittal

A cover document sent alongside a report or a document, detailing the purpose, sender, and recipient of the accompanying materials.

Résumé

A brief document summarizing a person's background, including education, job experience, and skills, often used for job applications.