Which of the Following Statements Concerning Distinctive Competence Is NOT

question 25

Multiple Choice

Which of the following statements concerning distinctive competence is NOT correct?

• A) Distinctive competence should match the mission of operations.
• B) Another name for distinctive competence is operations capability.
• C) Distinctive competence must be supported across the entire business as a basis for competitive advantage.
• D) The business strategy of a firm always emanates from the market and cannot be built over the firm's distinctive competence.

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Definitions:

Inventory Turnover Effect

A measure of how quickly a company can sell its stock within a given period, indicating the efficiency of inventory management and sales performance.

Return on Investment

A measure of the gain or loss generated on an investment relative to the amount of money invested.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific point in time, showing assets, liabilities, and shareholders' equity.

Organizational Goals

Objectives or targets that an organization aims to achieve over a specific period, guiding its strategic planning and actions.