Competitive Advantages Normally Are the Result of Superiority in One

question 61

True/False

Competitive advantages normally are the result of superiority in one of three areas: feasibility, consistency, or consonance.

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Definitions:

Fixed Location Layout

A facility arrangement strategy where resources such as equipment and personnel are fixed in location, optimal for processes involving heavy or immovable items.

Product-Focused Layout

A layout strategy in manufacturing where facilities are organized around the production of a specific product or group of products.

Push-Based Strategy

A push-based strategy in supply chain management involves forecasting demand and producing goods ahead of customer orders, pushing them through the distribution channels to the end consumers.