Which of These Statements Concerning Distinctive Competence Is True

question 30

Multiple Choice

Which of these statements concerning distinctive competence is true?

• A) If a distinctive competence does not meet a customer need, it is worthless.
• B) Learning and culture are not considered good opportunities for establishing distinctive competence.
• C) If the firm selects the right operations objectives, there is no need to develop or maintain a distinctive competence.
• D) The concept of distinctive competence is unique to operations strategy.

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Definitions:

Equivalent Units

A concept used in cost accounting to express the amount of materials, labor, and overhead costs associated with partially completed goods as if they were finished.

Weaving Department

A specialized division in a manufacturing facility where threads are interlaced to make textiles or fabric.

Weighted Average Method

A cost accounting method that averages all costs of inventory available for sale during the period and assigns the average cost to both ending inventory and cost of goods sold.

Equivalent Units

A metric used in cost accounting to express the amount of work done on incomplete units of production in terms of fully completed units.