Dell's Factories Can Assemble a Complete PC in Three Minutes

question 62

Multiple Choice

Dell's factories can assemble a complete PC in three minutes. With a build-to-order strategy at the heart of its business model, Dell's sales staff maintains close ties with customers. This approach represents which aspect of the Porter's five forces model?

• A)rivalry among competitors
• B)bargaining power of buyers
• C)threat of substitute products
• D)threat of new entrants
• E)bargaining power of suppliers

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Definitions:

Performance Rating

An assessment or evaluation of an individual’s or group's work performance, usually based on established criteria and objectives.

Normal Time

The amount of time that a task should take under normal conditions, often used in the context of planning and scheduling.

Standard Time

The predetermined duration expected to finish a certain task or job under usual working circumstances.

Variable Allowance

Refers to the additional time factored into tasks or jobs to account for various unpredictable factors that could affect the time required to complete a task.