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Byju's Answer
Standard XI
Business Studies
Arguments for Social Responsibility
affects the c...
Question

___________ affects the competitiveness of a firm.

A
Technology
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B
Management
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C
Sub-standard goods
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D
Advertisements
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Solution

The correct option is A Technology
Technology affects the competitiveness of a firm. It affects greatly since improved technology helps to yield greater profit and reduce the cost.

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