World-Class Companies Must Continuously Struggle to Improve Performance in the Dimensions

question 26

Multiple Choice

World-class companies must continuously struggle to improve performance in the dimensions of:

• A)price/cost.
• B)service.
• C)quality.
• D)all of the above.

---

Definitions:

Great Recession

A significant and widespread economic downturn that occurred globally from late 2007 through 2009, marked by severe declines in economic activity.

George W. Bush

The 43rd President of the United States, who served from 2001 to 2009, known for his response to the 9/11 attacks and initiating the Iraq War.

Barack Obama

The 44th President of the United States, serving two terms from 2009 to 2017, and the first African American to hold the office.

Macropolicy Goals

The primary, broad objectives of economic policy, such as price stability, full employment, and sustainable growth.