A Firm Can Find a Competitive Advantage

question 22

Multiple Choice

A firm can find a competitive advantage

• A)by differentiating its product.
• B)by having a barrier to entry.
• C)through its organizational structure.
• D)all of these choices.

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Definitions:

Skills Gap

The difference between the skills required for a job or project and the skills possessed by the workforce, indicating areas in need of development or training.

Internal HR Supply

The availability of current employees within an organization who can be trained, promoted, or reassigned to meet future job requirements.

Movement Analysis

The study of human movement to optimize physical actions in various contexts, including sports and ergonomics.

Management Inventories

Tools or systems used to record and track managerial resources, skills, and potentials within an organization.