Which of the Following Characteristics Is NOT a Component of Excellence

question 11

Multiple Choice

Which of the following characteristics is NOT a component of excellence according to Diers and Evans?

• A)Acknowledging what we have done well or poorly and blaming no one
• B)Striving to fulfill a goal or to realize a vision
• C)Keeping minds open to new ideas and perspectives
• D)Allowing several demands to go unmet so that another demand can be met successfully

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Definitions:

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Cost Reduction

Strategic efforts by businesses to decrease expenses and improve efficiency, often to enhance profitability.

Supply Chain Management

Supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management to efficiently produce and distribute goods and services.

Logistics

The detailed coordination and implementation of complex operations involving the movement of people or goods.