A Core Competency Which Is Capital-Intensive but Critical for a Firm

question 103

Multiple Choice

A core competency which is capital-intensive but critical for a firm creating and launching a new innovation is:

• A) Process improvement.
• B) Research and Development (R&D).
• C) Supply-chain management.
• D) Customer relation management.

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Definitions:

Geometric Tolerances

The limits of allowable variation in the shape and size of a part's geometry, including its form, orientation, and location, specified in engineering drawings.

Straightness

A condition where an element or line maintains a consistent path without deviation, typically applied in manufacturing to ensure parts are within specified tolerances.

Flatness

A geometric tolerance that describes how flat a surface must be within specified limits.

Tertiary Plane

A plane that is oriented to intersect or be parallel with the primary and secondary planes in a three-dimensional coordinate system.