Which of the Following Contributes to the Competitive Advantage Enjoyed

question 57

Multiple Choice

Which of the following contributes to the competitive advantage enjoyed by service firms using lean concepts?

• A)backup employees to cover for absenteeism
• B)one hundred percent inspection to remove defects
• C)dedicated equipment to reduce unit costs
• D)safety stocks to prevent stockouts
• E)greater flexibility to cope with change

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Definitions:

Rights Offer

An offer to existing shareholders to buy additional shares in a company at a discount to the market price.

Seasoned New Issue

A seasoned new issue refers to securities offered for sale by a company after the initial public offering, meaning the company already has securities that have been trading in the secondary market.

New Issue

The term for securities that are offered to the public for the first time through an initial public offering (IPO) or a bond issuance.

Prospectus

A formal legal document that is required by and filed with securities regulatory bodies that provides details about an investment offering to the public.