A Company Pursuing the Differentiation or Focused Differentiation Strategy Would

question 57

Multiple Choice

A company pursuing the differentiation or focused differentiation strategy would tend to:

• A) build economies of scale and efficient operations.
• B) develop and maintain cost-effective MIS operations.
• C) develop flexible systems that allow rapid response to customers' changing needs.
• D) have relationships with suppliers to maintain efficient flow of supplies for operations.

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Definitions:

Independent Samples

Samples that are selected from two populations in such a way that the samples are not related or do not influence each other.

One-Way Analysis Of Variance

A statistical method used to test the difference between the means of three or more independent groups on a single factor to determine if at least one group mean is statistically different.

Kruskal-Wallis Test

A non-parametric statistical test used to compare three or more independent samples to determine if they come from the same distribution.

Wilcoxon Tests

A nonparametric statistical test used to compare two paired groups to assess whether their population mean ranks differ.