Which of the Following Illustrates a Firm That Has Achieved

question 30

Multiple Choice

Which of the following illustrates a firm that has achieved competitive advantage through flexibility?

• A) a firm that creates customized products based on each of its customer's preferences
• B) a firm that produces goods by maintaining high quality standards
• C) a firm that ensures speedy delivery of goods compared to its competitors
• D) a firm that develops products with unique features that are not made available by any of its competitors
• E) a firm that develops timely new products

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Definitions:

Leadership Strategies

approaches and techniques used by leaders to inspire, influence, and guide others towards achieving goals and fulfilling a mission.

Collectivist Societies

Communities where individuals prioritize the needs and goals of the group over personal ambitions or desires.

Culture Shapes

The processes by which societal norms and values influence individuals' perceptions, behaviors, and identity.

Individualist Societies

Cultures where personal independence and individual achievements are prioritized over collective goals.