A Followable Prescription That Indicates What Behavior Is Obligated,expected,preferred,or Prohibited

question 46

Short Answer

A followable prescription that indicates what behavior is obligated,expected,preferred,or prohibited in a specific situation is a _____.

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Definitions:

Tariffs

Taxes imposed on imported goods to regulate trade, typically to protect domestic industries or to generate revenue.

Organization's Strategy

The comprehensive plan developed by a business or organization to achieve its long-term goals and successfully manage its resources in the competitive environment.

Competitive Advantage

The attributes or conditions that allow an organization to produce goods or services more effectively than its competitors.

Product Differentiation/Innovation

The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.