Managing for Competitive Advantage Quiz
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Questions and Answers

What can firms do with the money generated by value-added?

  • Reduce investment in new facilities
  • Reduce worker salaries
  • Invest in research and development (correct)
  • Decrease profits

    • Which factor increases with a greater value-added?

  • Amount of funds for research and development (correct)
  • Worker dissatisfaction
  • Decreased investment in new facilities
  • Reduced profits

    • What is an example of psychological value mentioned in the text?

  • Research and development
  • Worker salaries
  • Investing in new equipment
  • Branding (correct)

    • Which of the following is NOT included in Operations Management?

    <p>Legal operations</p> Signup and view all the answers

    What aspect is NOT part of Operations Interfaces?

    <p>Accounting</p> Signup and view all the answers

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