In Terms of Business Strategy as a Driver of Operations

question 40

Multiple Choice

In terms of business strategy as a driver of operations, Toyota uses the ________ strategy, while 3M uses the ________ strategy.

• A) quality; dependability
• B) flexibility; dependability
• C) quality; flexibility
• D) lower price; quality
• E) lower price; flexibility

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Definitions:

Asset Universe

The complete set of assets considered for investment by a particular fund or strategy.

Investment Company

A corporation or trust engaged in the business of investing the pooled capital of investors in financial securities.

Risk Aversion

The tendency of investors to prefer safer or less risky investments over riskier options.

Historical Standard Deviation

A statistical measure of market volatility based on past price movements.