Which of the Following Contributes to the Competitive Advantage Enjoyed

question 57

Multiple Choice

Which of the following contributes to the competitive advantage enjoyed by service firms using lean concepts?

• A)backup employees to cover for absenteeism
• B)one hundred percent inspection to remove defects
• C)dedicated equipment to reduce unit costs
• D)safety stocks to prevent stockouts
• E)greater flexibility to cope with change

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Definitions:

Annual Harvest

The process or period of gathering crops or yields from plants each year, often relating to agriculture.

Softwoods

Wood from gymnosperm trees such as pines and spruces, which is generally lighter and less dense than hardwood and often used in construction and manufacturing.

Global Demand

The total demand for goods and services in the global market, influenced by various factors including population and economic conditions.

Plant Fibres

Natural or botanical fibers derived from plants, used in making textiles, paper, and other products.