Organizations Can Create a ___ by Utilizing a ___ That

question 162

Multiple Choice

Organizations can create a ___ by utilizing a ___ that clearly sets it apart from its competitors and gives it an advantage over them in the marketplace.

• A) competitive advantage; core competency
• B) core competency; competitive advantage
• C) competitive advantage; specific environment
• D) general environment; specific environment
• E) core advantage; competitive competency

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Definitions:

Frugal

Characterized by thriftiness and economical use of resources, avoiding waste and unnecessary expense.

Absolute Threshold

The minimum intensity of stimulation required to produce a sensory experience or for a stimulus to be detected 50% of the time.

Just Noticeable Difference

The minimum amount by which stimulus intensity must be changed in order to produce a noticeable variation in sensory experience.

Action Potentials

Quick electrical impulses that travel down the axon of a neuron, triggering the release of neurotransmitters at synapses.