Which of the Following Strategies Is Also Called Establishing High

question 1

Multiple Choice

Which of the following strategies is also called establishing high switching costs?

• A)reducing costs
• B)locking in suppliers
• C)increasing production
• D)locking in customers

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Definitions:

Internal Advocacy

refers to the act of promoting, supporting, or defending a cause, policy, or interest within an organization by its members.

Manages Diversity

Involves recognizing, embracing, and leveraging the differences in backgrounds, perspectives, and attributes of individuals in a group or organization to enhance its performance.

Workforce Creativity

The capacity of employees within an organization to generate innovative ideas and solutions that can improve performance and drive success.

Knowledge and Skill

The collective information, understanding, and techniques that individuals possess, enabling them to perform tasks effectively in various contexts.