Competitive Priorities Define the Dimensions on Which Companies Should Excel

question 65

Multiple Choice

Competitive priorities define the dimensions on which companies should excel in producing their products or services. Which one of the following statements is TRUE?

• A) A firm that competes on the dimension of volume flexibility is more likely to manufacture products that experience a seasonal demand variation.
• B) A firm offering little customization cannot compete simultaneously on the dimension of consistent quality.
• C) A firm that competes on the dimension of customization tends have operating systems that are inflexible.
• D) It is impossible for a firm to improve cost and quality simultaneously.

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Definitions:

Vitamins A

A group of fat-soluble vitamins that play an essential role in vision, growth, cell division, reproduction, and immunity.

Vitamins D

A group of fat-soluble secosteroids responsible for increasing intestinal absorption of calcium, magnesium, and phosphate, and multiple other biological effects, primarily known for their role in bone health.

Teratogens

Environmental influences or agents that can damage the embryo or fetus.

Fetal Movements

Physical movements or responses initiated by the fetus inside the uterus, often felt by the mother, especially in the later stages of pregnancy.