Which one of the following is NOT a criterion that a core competence must fulfil?

a. The competency must be developed by the senior management of the organization
b. The competency must provide potential access to a wide variety of markets
c. The competency must make a significant contribution to an organization achieving its goals
d. The competency must be difficult to imitate


a. The competency must be developed by the senior management of the organization

Business

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Value marketing has become the watchword for many marketers

Indicate whether the statement is true or false

Business

Which of the following is the best example of nationalization?

A) In 1940, the city of New York purchased the bankrupt Brooklyn-Manhattan Transit rail lines. B) In 1979, Great Britain made a partial sale of British Petroleum to private investors. C) A private company contracts to manage all of a city's waste management. D) A country's economic policy calls for a balance of trade. E) A developing country receives a loan from the International Monetary Fund.

Business

Successful product development should include

a. kaizen costing. b. value engineering. c. kanban implementation. d. all of the above.

Business

Ms. Lewis maintains a household which is the principal place of residence for Kathy. Ms. Lewis provides more than 50% of Kathy's financial support. In which of the following cases can Ms. Lewis claim Kathy as a qualifying child? 

A. Kathy is age 8 and the child of Ms. Lewis' best friend, who died three years ago. B. Kathy is Ms. Lewis' 30-year-old unmarried sister. C. Kathy is Ms. Lewis' 15-year-old niece. D. Both B. and C.

Business