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Question
Competitive advantage is the ability of a company to ________.
A) identify changes in consumer tastes and preferences
B) outperform another company because its managers are able to create more value from the resources at their disposal
C) develop a flexible organization structure that can quickly respond to changes in the environment
D) achieve economies of scale by manufacturing a product in large volumes
Answer
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Explain the advantages of the computer-integrated manufacturing (CIM) technique.
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Explain the characteristics of mediating technology as described by Thompson.
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According to Joan Woodward, the ________ of a production process is a measure of the extent to which a production process can be programmed so that it can be controlled and made predictable.
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Task variability is low when a task is highly standardized or repetitious so a worker encounters the same situation time and time again.
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The conversion process that results from small-batch and unit technology tends to be flexible.
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