________ Means Analyzing a Competitor's Product to Identify Desirable Improvements

question 187

Multiple Choice

________ means analyzing a competitor's product to identify desirable improvements, while ________ means evaluating paperwork to determine the value it adds for customers.

• A) Value added analysis; benchmarking
• B) Benchmarking; re-engineering
• C) Competitive product analysis; value added analysis
• D) Statistical process control; performance quality analysis
• E) Value added analysis; quality reliability analysis

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Definitions:

Strategic Position

The place a company occupies in its industry landscape, determined by its competitive advantage and market strategy.

Autonomy

The degree to which a job provides an employee with the discretion and independence to schedule their work and determine how it is done.

Closed Shop

A workplace in which only members of a particular union or labor organization are hired and employees must remain members to retain their jobs.

Union Representing

The act of a labor union acting on behalf of its members in negotiations, grievances, and other labor-related matters.