In Order for a Firm to Become a More Efficient

question 195

Multiple Choice

In order for a firm to become a more efficient and effective competitor,it can assess its competition.What does such a competitive assessment require a company to engage in?

• A) an audit
• B) a competitive advantage
• C) competitive intelligence
• D) a differential competitive advantage

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Definitions:

Decisions Based

The process of making choices or conclusions grounded on evidence, data, or a set of criteria.

ACA Code

The ACA Code refers to the American Counseling Association's Code of Ethics, which provides guidelines for the ethical behavior of counseling professionals.

Ethical Dilemmas

Situations in which a difficult choice has to be made between two or more options, often involving a moral conflict.

Legal Responsibilities

Obligations that are enforced by law, including those pertaining to conduct, actions, and standards within a society or profession.