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

question 32

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.

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Definitions:

Economic Success

The achievement of financial prosperity, often measured by income, wealth, or the ability to afford a comfortable lifestyle.

Social Structural Differences

Refers to the distinct and often unequal arrangements within a society that shape individuals’ access to resources, opportunities, and social positions based on various attributes like class, race, and gender.

Economic Outcomes

The results of economic activities, which can include measures such as income, wealth, and employment levels.

West Indian Immigrants

Individuals who have moved from the Caribbean region, also known as the West Indies, to another country, often bringing with them unique cultural traditions.