1. Which of the following terms refers to something that an organization can do
ID: 335784 • Letter: 1
Question
1. Which of the following terms refers to something that an organization can do better than its competitors? A) Core competence B) Layers of advantage C) Competitive advantage D) Corporate strengths E) Competitive strategies 2. To create a global competitive advantage, a company must be viewed as a portfolio of rather than a portfolio of businesses A) investments B) products C) competencies D) creative ideas E) human resource 3. Which of the following types of organizational structure is most commonly used in companies with closely related product lines that are sold in similar markets globally? A) Product divisions B) Geographical divisions C) Regional management centers D) International operating divisions E) The matrix design 4. From a downstream value chain perspective, one of the major disadvantages to mass pro-duction 1S A) the potential for large inventories of unsold product B) too much product information C) lack of supply D) poor quality E) price competitionExplanation / Answer
1. A) Core Competency
It is the unique strength or ability of an organization by which they have an upper hand over it competitors based on a particular aspect of business in which the organization is better than teh rest.
2. C) Competencies
Globally the organization in order to possess a competitive advantage over its competitors it should possess competencies throughout the sphere of business which will make them have this throughout the business in the global market.
3. D) Internationally operating divisions
If the product lines are similar and the organization operates globally then internatinally operating divisional structure is the best for the organization that will provide the organization with better results.
4. A) The potential for large inventories of unsold product
With mass production this is the primary disadvantage and it may cause overstocking of a particular product due to improper demand forecasting
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