Management Innovations Such as Total Quality,benchmarking,and Business Process Reengineering Cannot

question 63

Multiple Choice

Management innovations such as total quality,benchmarking,and business process reengineering cannot lead to sustainable competitive advantage because:

• A) companies that have implemented these techniques have lost money
• B) there is no proof that these techniques work
• C) they cost too much money and effort to implement
• D) every company is trying to implement them and hence it does not make a company different from others

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Definitions:

Productivity

The measure of how efficiently goods and services are produced, often quantified as output per unit of input.

Determinant

A factor that decisively affects the nature or outcome of something.

Economic Sense

A term describing decisions or actions that are rational and based on sound economic principles, ensuring efficiency and cost-effectiveness in achieving desired outcomes.

Progressed

Having moved forward or developed in terms of growth, improvement, or achievement.