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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Meger Manufacturing uses the direct labor cost method for applying factory overhead to production. The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,00 . and $800,000 . respectively. Actual direct labor cost and factory overhead were $1,100,00 . and $825,000 . respectively. What is the amount of under- or overapplied factory overhead?
a. $25,00 . overapplied b. $55,00 . overapplied c. $80,00 . overapplied d. $50,00 . underapplied
On the statement of cash flows, the cash flows from financing activities section would include
A) receipts from the sale of investments B) payments for the acquisition of investments C) receipts from a note receivable D) receipts from the issuance of capital stock
Define technology. How does it affect marketing?
What will be an ideal response?
3D Systems is a company that uses computers to generate new product prototypes. It has generated loyal business clients by providing the best customer support in the industry. The company also provides direct sales consultations that gives its salespeople intimate knowledge about what exactly its customers want. This partnership between 3D Systems and its customers entails relationship marketing.
Answer the following statement true (T) or false (F)