In Terms of Business Strategy as a Driver of Operations

question 119

Short Answer

In terms of business strategy as a driver of operations, Toyota uses the _________ strategy, while 3M uses the _________ strategy.
quality; dependability
flexibility; dependability
quality; flexibility
lower price; quality
lower price; flexibility

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Definitions:

Creditors

Individuals or entities that a company owes money to, typically as a result of receiving goods or services.

Dissolution

The process of legally dissolving a company, ending its existence by distributing its assets to creditors and shareholders.

Secured Creditor

A lender that has the right to claim specific assets of the borrower as repayment in case of default.

Director's Control

The authority and power held by a company's board director(s) to guide and manage the organization's operations and policies.