1. Is Competitive Advantage the relative performance of an organization compared

Question

1.    Is Competitive Advantage the relative performance of an organization compared to its competition; must have unique capabilities that produce greater financial results than competition.

True

False

1.    Value chain analysis can be defined as a way to analyze the five forces in the competitive environment.

True

False

1.    Competitive advantage is the creation of a unique disadvantage over competitors.

True

False

Sum of the product function in excel used in assignment 2 factor rating as well as text book.

True

False

1.    Stakeholders are those with a vested interest in an organization, including customers, distributors, employees and community members.

True

False

1.    Single factor productivity indicates the ratio of one resource (input) to the goods and services produced.

True

False

1.    An employee can potentially earn 20% more with a PMP certification?

True

False

1.    Manufacturers produce intangible products while service production are often tangible.

True

False

1.    Many products are a combination of a goods and services, which simplifies the definition of service by U.S. government.

True

False

1.    Response is a set of values related to rapid, flexible and reliable performance.

True

False

1.    The years 2005-2020 are known as globalization Era.

True

False

1.    Gantt charts, PERT/CPM where designed in globalization Era

True

False

1.    Cost focus, quality focus, customization focus, and globalization focus are significant events in operation management

True

False

1.    Teller scheduling is responsibility of marketing management instead of operation management

True

False

1.    Efficient production of goods and services does not require effective applications of concepts tools and techniques

True

False

Plant manager, operation manager, quality manager, suply-chain manager are jobs related to OM

True

False

You only need to discuss four days in each of the discussions.

True

False

According book, everyone has two jobs. One is to do what suppose to do and the other is to improve it.

True

False

Product design usually determines the lower limits of costs and the upper limits of quality as important factors

True

False

Scheduling determine and implement intermediate, short term and how to intergrade the supply chain

True

False

An organization can have competitive advantage through some combination of product differentiation, low cost, and response.

True false

Explanation / Answer

1.    Is Competitive Advantage the relative performance of an organization compared to its competition; must have unique capabilities that produce greater financial results than competition.
True
1.    Value chain analysis can be defined as a way to analyze the five forces in the competitive environment.
False
1.    Competitive advantage is the creation of a unique disadvantage over competitors.
False
Sum of the product function in excel used in assignment 2 factor rating as well as text book.
*Please provide chapter reference.
1.    Stakeholders are those with a vested interest in an organization, including customers, distributors, employees and community members.
True
P.S. -Please use seperate threads to ask more than 4 questions in one go.

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