Differences in Long-Term Performance Between Firms in the Same Industry

question 93

True/False

Differences in long-term performance between firms in the same industry primarily come from different internal sources of competitive advantage.

---

Definitions:

Quality Improvement

A systematic process of making ongoing improvements to products, services, or processes to enhance efficiency, effectiveness, and satisfaction.

Disparities

Differences or inequalities that are often found between segments of the population, such as health, wealth, or opportunities.

Cultural Competence

Process in which the health care professional continually strives to achieve the ability and availability to work effectively with individuals, families, and communities.

Multicultural Context

A setting or situation that involves the presence and interaction of people from diverse cultural backgrounds.