When One Disposable Shaver Maker Introduced a Three-Blade Shaver,the Other

question 74

Multiple Choice

When one disposable shaver maker introduced a three-blade shaver,the other introduced three blades within months.They repeated the process with four blades.This is an example of

• A) product aping.
• B) tactical imitation.
• C) product emulation.
• D) product integration.
• E) strategic imitation.

Recognize the importance of maintaining adequate levels of liquidity and asset management for operational efficiency.

Evaluate the impact of financial ratios on company decision-making and performance assessment.

Understand the concept of liquidity and its measurement.

Identify and understand the measures of asset management.

---

Definitions:

Industrial Engineer

A professional focused on designing, improving, and implementing integrated systems of people, materials, information, equipment, and energy to increase efficiency, reduce waste, and improve quality and productivity.

Simplifying Work

The process of making tasks or jobs easier to perform, often by removing unnecessary complexity or steps, to improve efficiency and satisfaction.

Increasing Output

A process aimed at raising the amount of goods or services produced, often through efficiency improvements or resource optimization.

Job Extension

Involves broadening the range of tasks assigned to a job to increase the variety and interest of the work.