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Answer all the following Trure/False Questions

1. Competitive Advantage, such as lower cost or better design, is all companies need to succeed.

2. Morning star approach to investing is based on the assessment of the width of a “moat: built around a business. The wider the “moat” the more attractive the business is.

3. Business Ecosystem is another name for the environment impact of business operations.

4. Operation Domain vs. Marketing Domain are two concepts that are disconnected from each other.

5. System thinking is a superior decision-making process in comparison to the functional only thinking.

6. Organizational alignment is the key prerequisite for a superior performance.

7. Unique Business Model defines how strategy is to be implemented.

8. System’s Reliability concept illustrates the impact of error propagation and magnification on the overall business performance.

9. Absolute Competitive Advantage limits firms from succeeding.

10. At the “moment of truth” a customer selects the preferred brand.

11. Lateral thinking and thinking outside the box are synonyms.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93088347

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