BMW's Core Competence Is Its Ability to Integrate

question 16

Multiple Choice

BMW's core competence is its ability to integrate

• A)world-class engineering, design excellence, and effective marketing.
• B)world-class engineering, design excellence, and knowledge of global markets.
• C)world-class engineering, design excellence, and products for every luxury market.
• D)world-class products, design excellence, and products for every luxury market.

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Definitions:

Production Team

A group of individuals who work together in the manufacturing or creation process of goods or services.

Perishable

Refers to goods that have a limited lifespan or durability and therefore need to be consumed or used within a certain period before they deteriorate.

Common Standard

A uniform criterion or benchmark that can be widely used across different systems, organizations, or industries to ensure compatibility and efficiency.

Management Duties

Encompasses a range of responsibilities held by managers, including planning, organizing, leading, and controlling resources to achieve organizational objectives.