Which of the Following Defines the Strategic Dimension of Specialization

question 36

Multiple Choice

Which of the following defines the strategic dimension of specialization?

• A)The level of emphasis on the quality of its offering to the marketplace.
• B)The degree to which it provides ancillary services in addition to its main services.
• C)The extent of value added as reflected in the level of forward and backward integration.
• D)The degree to which the organization focuses its efforts in terms of the number of product categories, the target market, and the size of its service area.

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Definitions:

Operating Segments

Components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources.

Manufacturing Operations

Processes involved in the conversion of raw materials or components into finished goods that meet a company's quality standards and customer expectations.

Operating Segments

Components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

Reportable

Pertains to the requirement to disclose or make known certain information to regulatory bodies or in financial statements.