Organizations can gain a competitive advantage simply by matching their competition in terms of cutting costs and responsiveness to employees.

Name: Organizations can gain a competitive advantage simply by matching their competition in terms of cutting costs and responsiveness to employees.
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Question

Quizplus · Accepted Answer

The first challenge of a manager is to manage for competitive advantage. This means an organization must stay ahead in four areas: (1) being responsive to customers, (2) innovation, (3) quality, and (4) efficiency.

Organizations Can Gain a Competitive Advantage Simply by Matching Their