Which of the Following Is an Example of a Physical

question 37

Multiple Choice

Which of the following is an example of a physical resource that a company uses to compete with other companies?

• A)Controlling system
• B)Technology
• C)Planning system
• D)Employee skill
• E)Experience of employees

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Definitions:

Process Reliability

The likelihood that a process will perform without failure under specified conditions for a given period of time.

Efficiency

The ability to achieve a goal or perform a task with the least waste of resources, including time, energy, and materials.

Accidents

Unplanned events that result in injury, damage, or harm in some way, often prompting investigations into ways to prevent them in the future.

Competitive Strategy

An approach a business takes to differentiate itself from its competitors, focusing on strengths to provide better value to customers.