Questions: Objectives regarding are generally stated in terms of percentage of sales increase and market share, with the goal of increasing those figures.
Transcript text: Objectives regarding $\qquad$ are generally stated in terms of percentage of sales increase and market share, with the goal of increasing those figures.
Solution
Answer
The answer is competitive advantage.
Explanation
Option 1: Raising capital
Raising capital refers to obtaining funds to finance business activities, which is not directly related to sales increase and market share.
Option 2: Opportunity costs
Opportunity costs involve the potential benefits lost when choosing one alternative over another, which is not directly related to sales increase and market share.
Option 3: Employee turnover
Employee turnover refers to the rate at which employees leave a company and are replaced, which is not directly related to sales increase and market share.
Option 4: Efficiency
Efficiency refers to the ability to achieve maximum productivity with minimum wasted effort or expense, which is not directly related to sales increase and market share.
Option 5: Competitive advantage
Competitive advantage refers to the attributes that allow a company to outperform its competitors. Objectives regarding competitive advantage are often stated in terms of percentage of sales increase and market share, with the goal of increasing those figures.