When a Company Has a Proficiency in Performing a Strategically

question 111

Multiple Choice

When a company has a proficiency in performing a strategically and competitively important value chain activity better than its rivals, it is said to have a

• A)company competence.
• B)core competence.
• C)distinctive competence.
• D)key value chain proficiency.
• E)competitive advantage over rivals.

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Definitions:

Deming Approach

A management philosophy focused on quality improvement through continuous refinement and employee involvement, based on the ideas of W. Edwards Deming.

Profound Knowledge

Deep, comprehensive understanding of a subject or field, often resulting from years of study and experience.

Check Sheet

A structured, prepared form for collecting and analyzing data; a simple data recording tool used for quality control purposes.

Quality Problems

Issues related to the inferior performance, defects, or non-conformity of a product or service.