An Organization That Has Been Able to Excel in Product

question 11

Multiple Choice

An organization that has been able to excel in product research and design, manufacturing, marketing and managing its human resources to reach a leadership position in the marketplace is taking advantages of its _________.

• A) competitive advantage
• B) leadership expertise
• C) creativity and innovation
• D) core competencies
• E) marketing expertise

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Definitions:

Hiring Workers

The process of employing individuals to perform tasks or services for a business or organization in exchange for compensation.

Shoe Shine Parlor

A storefront or establishment specializing in the cleaning, conditioning, and polishing of shoes.

Labor Demand Schedule

A chart or graph showing the quantity of labor that employers are willing to hire at different wage levels.

Employment

Employment involves having a job or role in a company or organization, earning wages or a salary in exchange for work.