Hunger Busters,a Chain of Sandwich Shops,have Determined That for Every

question 76

Multiple Choice

Hunger Busters,a chain of sandwich shops,have determined that for every $5000 that has been invested,each sandwich shop returns on average $500 after tax.

• A)value chain inputs
• B)differential benefit
• C)distinctive competency ratings
• D)Return On Investment (ROI)
• E)utility projections

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Definitions:

Competitive Advantage

An attribute or set of attributes that allows an organization to outperform its competitors.

Operational Efficiency

The ability of an organization to minimize input and expenditure while maximizing output, thereby optimizing performance.

Quality Standards

Set of criteria within an industry that define the acceptable level of product or service quality to ensure customer satisfaction.

Specification

Detailed and precise descriptions of the requirements, characteristics, or standards that a particular material, product, or service must meet.