Core competency implies:
A) a firm produces one single product.
B) a firm hires only one type of employee.
C) a firm focuses on only one type of customer.
D) a firm does one thing better than it does other things.
E) a firm must be competent at its core - its executive level.
Correct Answer:
Verified
Q11: A focus on quality means:
A)A firm does
Q12: If large, dominant firms tend to be
Q13: "Knowing your customer" means:
A)knowing what factors affect
Q14: A Basic principle of economics is:
A)knowing your
Q15: Being a first mover means:
A)Being the first
Q17: According to the text, "economics tempers the
Q18: Globalization does not mean:
A)the homogenizing of markets.
B)when
Q19: TQM means
A)total quiet management.
B)total quality maneuvers.
C)total quality
Q20: On average each year, about 7 percent
Q21: To an economist, the word 'marginal' means:
A)total.
B)average.
C)next
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