A Small Business's "Aggregation of Factors That Sets It Apart

question 116

Multiple Choice

A small business's "aggregation of factors that sets it apart from its competitors" is its:

• A)strategic plan.
• B)competitive advantage.
• C)vision.
• D)competitive strategy.

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Definitions:

Charcot

Refers to Jean-Martin Charcot, a French neurologist known for his work on hypnosis and hysteria, and for whom Charcot's disease (a.k.a. amyotrophic lateral sclerosis, ALS) is named.

Freud

Sigmund Freud, an Austrian neurologist best known as the founder of psychoanalysis, a method for treating psychopathology.

Rest Cure

A medical treatment for mental health issues, prevalent in the late 19th and early 20th centuries, involving prolonged bed rest and isolation.

Institutionalization

The process or policy of placing individuals in an institution such as a prison, hospital, or care facility often for long-term care or treatment.