Match the Options Below with the Correct Phrases

question 69

Multiple Choice

Match the options below with the correct phrases:
-system

• A)continuous improvement
• B)the school that emphasizes math and measurements
• C)a set of interrelated parts that work together
• D)rethinking and redesign of business processes
• E)rational organizations based on the control of knowledge
• F)the theory pursuing "the one best way"
• G)the school of variables and unique situations
• H)1 + 1 = more than two (2)
• I)the school that emphasizes meeting the needs of the customer
• J)the study of complex systems to improve effectiveness
• K)models, simulations, games, and other analytical tools are used to optimize performance
• L)the branch of management science that applies to manufacturing or service industries
• M)the school that emphasizes people
• N)the school that focuses upon the flow of information in organizations
• O)theory that holds than an organization comprises various parts that must perform tasks necessary for the survival and proper functioning of the system as a whole
• P)the school that was mainly concerned with the manufacturing and factory floor environments
• Q)part of an art or science that attempts to explain the relationships between and among its underlying principles

---

Definitions:

Competitive Positions

A firm's relative standing in its industry or market, determined by its competitive advantage, market share, and ability to attract and retain customers.

Cost

The amount of money required to purchase, maintain, or develop a product or service.

Differentiation

A strategy employed by businesses to make their products or services stand out from competitors', often through unique features, branding, or quality.

Flexibility

The ability to adapt and change in response to altering conditions and circumstances.