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NEW QUESTION: 1
V is the owner of a small jewellery business which deals exclusively in pearls. The business has built up an excellent network of suppliers which deliver a steady stream of high quality pearls to its workshops, where a team of highly skilled craftsmen turn basic pearls into items of jewellery. V feels that no other company has such a talented and valuable workforce and believes their skills are rare and difficult if not impossible to imitate. They are the key to the company's sustainable competitive advantage and success.
What is the approach to strategy which proposes that competitive advantage is achieved from the organisation's unique assets or competences?
A. Emergent strategy
B. Rational strategy model
C. Resource-based view
D. Free-wheeling opportunism
Answer: C

NEW QUESTION: 2
Which of the following is used to perform a root cause analysis?
A. Ishikawa diagram
B. Scatter plot
C. Bar chart
D. Pareto diagram
Answer: A
Explanation:
Explanation
Reference
http://asq.org/learn-about-quality/cause-analysis-tools/overview/overview.html

NEW QUESTION: 3
An engineer is conducting an active survey for indoor coverage in a warehouse. The warehouse has long aisles with racks that extend to the ceiling. Which antenna type has a radiation pattern that is suited to provide coverage in each aisle?
A. patch
B. Yagi
C. dipole
D. omnidirectional
Answer: A

NEW QUESTION: 4
The purchasing manager of a company wants to minimize stock-outs as well as obsolete inventory. Which of the following tools needs to be implemented?
A. Business-to-business integration software
B. Advanced planning and scheduling (APS)
C. Blanket purchase order
D. Buy-back contracts
Answer: D

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