Response-Based Competitive Advantage Can Be

question 85

Multiple Choice

Response-based competitive advantage can be:

• A)flexible response.
• B)reliable response.
• C)quick response.
• D)all of the above.
• E)none of the above.

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Definitions:

Financial Leverage

The use of borrowed capital (debt) in addition to equity to finance a company's assets, aiming to increase the return on equity.

Critical Decisions

Decisions of significant importance that often influence the direction or success of a particular strategy or organization.

Operations Management

The domain of management tasked with the development and management of production processes and revamping operational methods in the manufacturing of goods or services.

Shewhart

Walter A. Shewhart, an American engineer and statistician recognized as the father of statistical quality control.