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A List of Competencies (Ie

question 49

Short Answer

A list of competencies (ie.skills and abilities)that provide a competitive advantage to an organization is often referred to as a _______________________.


Definitions:

Optimal Consumption

The mix of goods and services that maximizes the utility or satisfaction of a consumer given their budget constraint.

Utility

A measure of the satisfaction, usefulness, or pleasure that individuals get from consuming goods and services.

Economics Books

Published works that study the production, distribution, and consumption of goods and services.

Coffee

A popular beverage made by brewing roasted and ground beans from the Coffea plant.

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