According to a Recent Study Reported in Your Text, Which

question 70

Multiple Choice

According to a recent study reported in your text, which of the following is one of the most frequently used management tools, being used by about 50 per cent of organisation?

• A) Mc- Kinsey grids
• B) GE screening
• C) portfolio analysis
• D) core competency analysis
• E) balanced scorecard

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Definitions:

Japanese Dominance

A period or concept where Japan excels or has excelled significantly in certain industries or economic sectors, outperforming competitors.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choice.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than other competitors with the same quality.