Management innovations such as total quality, just-in-time, benchmarking, business process reengineering, and outsourcing are important but not enough for building sustainable competitive advantage.
Answer the following statement true (T) or false (F)
True
Sustainable competitive advantage cannot be achieved through operational effectiveness alone. Popular management innovations of the last two decades like total quality, just-in-time, benchmarking, business process reengineering, and outsourcing are concerned with operational effectiveness.
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While _____ assets are recorded on a balance sheet on the basis of cost, _____ assets are recorded on the basis of cost less accumulated depreciation
a. fixed; hidden b. fixed; current c. hidden; fixed d. current; fixed
Two jobs (J1 and J2) are scheduled on two workcenters (WCA and WCB). J1 starts at time 0 on WCA and finishes on that workcenter at time 5. J2 starts at time 0 on WCB and finishes at time 3. J2 then starts on WCA at time 5 and finishes at time 9. What is the average flow time of these jobs?
a. 0 b. 7 c. 14 d. Cannot be determined from the information given
Assume that three automobile manufacturers all merged into one car company. Such a merger would be a:
a. vertical merger. b. vertical cooperative arrangement merger. c. horizontal merger. d. intracompetitive merger.
At Nanclet, a market research firm, whenever a particular team needs to hire people, the human resource (HR) department conducts the external recruitment processes for them. The HR department also furnishes the recruiters of the recruiting team with a list of questions they are expected to ask all the job applicants, irrespective of the applicants' work experience. In the context of employee selection, this scenario best illustrates _____.
A. positive leniency B. appraisal interviews C. structured interviews D. job analysis