Om 300 chilcutt Study guides, Class notes & Summaries

UNIVERSITY OF ALABAMA OM 300 UA Chilcutt Final Exam (Answered 100% Correctly) Binary variables can take on only two values Competitive advantage a set of unique features of a company and its products that are perceived by the target market as significant and superior to those of the competition Clustering Gathering; forming in a group Core competencies those functions that the organization can do as well as or better than any other organization in the world CPFR

UNIVERSITY OF ALABAMA OM 300 UA Chilcutt Final Exam (Answered 100% Correctly) Binary variables can take on only two values Competitive advantage a set of unique features of a company and its products that are perceived by the target market as significant and superior to those of the competition Clustering Gathering; forming in a group Core competencies those functions that the organization can do as well as or better than any other organization in the world CPFR

Production - Answer-the creation of goods and services Productivity - Answer-ratio of outputs (goods and services) divided by one or more inputs (such as labor, capital, or management.) Multifactor productivity - Answer-indicates the ratio of goods and services produced (outputs) to many or all resources (inputs) Mission - Answer-the purpose or rationale for an organization's existence Strategy - Answer-how an organization expects to achieve its missions and goals Competitive adv...

University of Alabama, OM 300, Chilcutt Final Questions and Correct Answer