Which Strategy for Competitive Advantage Involves Improving the Manner in Which

question 48

Multiple Choice

Which strategy for competitive advantage involves improving the manner in which an organization executes its internal business processes?

• A) cost leadership
• B) differentiation
• C) innovation
• D) operational effectiveness
• E) customer-orientation

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Definitions:

Effective Annual Yield

The interest rate on an investment, expressed on an annual basis, taking into account the effect of compounding.

Semi-annually

Refers to an event occurring twice a year, or every six months.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value, to the bondholder.

Par Value

Par value is the nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate; it is a static value and not indicative of market value.