Which of the Following Is NOT One of the Four

question 120

Multiple Choice

Which of the following is NOT one of the four overarching strategies to create and deliver value and to develop sustainable competitive advantage?

• A) Locational excellence
• B) Customer excellence
• C) Operational excellence
• D) Product excellence
• E) Planning excellence

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Definitions:

Groupthink

A psychological phenomenon in which the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Conflict

A situation where interests, needs, goals, or values of involved parties interfere with one another, often requiring management or resolution.

Risky Shift

The tendency for groups to make riskier decisions than individuals would, often due to diffusion of responsibility or pluralistic ignorance.

Elective Course

An elective course is a class chosen by a student from a number of optional subjects or courses in a curriculum, allowing customization of an educational program according to interests or career goals.