Question

the practice of making goods or services better than competitors is: * 1 point
competition
production
innovation
promotion
keeping track of money going in and out of a business is: * 1 point
networking
accounting
marketing
auditing
the process of determining how much something should cost is * 1 point

Explanation:

Innovation involves creating new or improved goods and services to gain an edge over competitors. Accounting is the process of recording, classifying, and summarizing financial transactions to track money flow in a business. Pricing is the process of determining the cost of a product or service.

Answer:

1. C. Innovation
2. B. Accounting
3. Pricing (not in the given options but the correct term for the described process)