Which of the Following Is Not a Tool That Managers

question 31

Multiple Choice

Which of the following is not a tool that managers can use to promote operating excellence and further the cause of good strategy execution?

• A) Benchmarking and the adoption of best practices
• B) Business process reengineering
• C) Strategic resource training
• D) TQM
• E) Six Sigma quality control techniques

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Definitions:

Risk

The exposure to potential financial loss or gain, often evaluated in decisions involving investment or finance.

Leverage

The strategy of using borrowed money to increase the potential return of an investment.

Acquisition

A merger in which one company acquires the stock of another. May be friendly or hostile (unfriendly). See Merger.

Leverage

Utilizing leveraged capital to boost the prospective returns of an investment, concurrently escalating the risk of financial loss.