The Organization Sacrifices Efficiency When It Wastes Money on Communication

question 21

True/False

The organization sacrifices efficiency when it wastes money on communication lines with capacities that are much higher than it needs.

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Definitions:

Competitive Advantage

A situation or factor that gives a business an advantage or superior standing over its rivals in the industry.

True Differentiation

The process of making a product or service stand out as unique among competitors in the eyes of the target market through real, significant differences.

Service Demand

The need or desire for intangible products such as skills, expertise, or activities that provide value or benefit to consumers.

Time-And-Place Dependent

refers to processes or phenomena that vary based on their specific location and the timing of their occurrence.