Asked by Mason Rogers on May 09, 2024
Verified
Niro Music Source Inc. is considered the best in the industry in terms of human resource management and its excellent supply chain that assures the company will deliver products on time. Which macro strategy does this company demonstrate to achieve a sustainable competitive advantage?
A) locational excellence
B) customer excellence
C) operational excellence
D) product excellence
E) planning excellence
Operational Excellence
A philosophy in the management that focuses on continuous improvement in business operations, aiming for efficiency, quality, and customer satisfaction.
Human Resource Management
The strategic approach to managing a company's employees, focusing on policies and systems to improve work life and maximize employee performance.
- Identify the central plans (customer excellence, operational excellence, product excellence) for preserving a durable competitive advantage.
Verified Answer
AQ
Ayesha QayyumMay 14, 2024
Final Answer :
C
Explanation :
Niro Music Source Inc. demonstrates operational excellence by having efficient human resource management and a reliable supply chain, which allows them to deliver products on time. This strategy helps them to achieve a sustainable competitive advantage.
Learning Objectives
- Identify the central plans (customer excellence, operational excellence, product excellence) for preserving a durable competitive advantage.
Related questions
When Kennedy Arrived in the Middle of the Night at ...
A Competitive Advantage Based on Location Is Often Sustainable Because ...
Customer Retention Programs Are Based on What Concept ...
When Looking for a Competitive Advantage, One of the Best ...
A Company's Competitive Advantage Could Be Defined as Being the ...