Which of the Following Is Not a Characteristic of World-Class

question 122

Multiple Choice

Which of the following is not a characteristic of world-class companies?

• A)They focus on creating low-value products.
• B)They earn superior profits over the long run.
• C)They replace methods and systems that impede their progress.
• D)They can help serve societal purposes.
• E)They apply new organizational strategies and management to become more effective.

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Definitions:

Printers

Devices that convert computer generated text and graphics into physical copies on various media, such as paper or fabric.

Illegality

The state of being illegal or not permitted by law.

Clayton Act

A U.S. antitrust law enacted to promote competition and prevent monopolies by prohibiting certain types of discriminatory prices, services, and exclusive agreements among businesses.

Directors

Members of a company's board who are elected by shareholders to oversee the management and make significant business decisions.