A Company Has a Competitive Edge When Customers Perceive That

question 31

True/False

A company has a competitive edge when customers perceive that its products or services are superior to those of competitors.

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Definitions:

360-Degree Performance Review

Employee performance review that gathers feedback from co-workers, supervisors, managers, and sometimes customers.

Coworkers

Colleagues or people who work together, typically within the same organization, team, or project.

Subordinates

Employees or team members who are lower in rank or position and typically report to a supervisor or manager in an organizational hierarchy.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work, often influencing productivity and job satisfaction.