Greg Provenzo owns and runs a Blockbuster video store. Greg is implementing a drive-thru rental process that is the same as you would find at a fast-food restaurant. Customers can pick-up and drop-off their videos without leaving their cars. Greg's new system has become so popular that Videos Plus, a competitor down the street, is attempting to recreate Greg's video drive-thru rental process. Greg's system is an example of a _________.
A. Supply chain power.
B. First-mover advantage.
C. Business processing strategy.
D. Business intelligence.
B. First-mover advantage.
You might also like to view...
Answer the following statements true (T) or false (F)
1. Teams often enforce norms to help individuals avoid embarrassing situations. 2. Conflict is a process in which one party perceives that its interests are being opposed or negatively affected by another. 3. A moderate level of conflict can induce creativity and initiative, thereby raising performance 4. Stephen and Tyler went to the same college, and they have never liked each other. Stephen thinks Tyler is a loudmouth, while Tyler thinks Stephen is arrogant and self-impressed. If Stephen and Tyler end up working for the same company, they are likely to experience a multicultural conflict.
The cash budget is not the same as the pro forma cash flow statement.
Answer the following statement true (T) or false (F)
The process of acquiring raw materials is part of the conversion cycle
Indicate whether the statement is true or false
Henry told his son that he had too much to drink
What will be an ideal response?