Answer:
C) Create a customer-driven environment where we constantly try to create customer value.
Explanation:
A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.
In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.
Answer: phase exit criteria is firmly establish
Explanation:
A work breakdown structure simply has to do with the completion of tasks in order to get the final product. The aim of the work breakdown structure is to keep project members focused and achieve their goals.
Process Breakdown Structure can provide a reasonable alternative to a work breakdown structure for an extensive development project if the phase exit criteria is firmly establish.
Answer:
B. The economy would have enjoyed a much higher level of output in the mid-2000s.
Explanation:
This choice is based on the theory of production capacity, which tries to explain that industrial capacity of companies increases with increased supply of production resources. Capital is one of the production resources which is increased with increased supply of US dollars. Increased money supply increases the capital which banks can lend out to companies to increase their production capacity.
On the other hand, where this to be based on the theory of inflation, a different answer would have been produced. The theory of inflation recognizes that the average inflation rate increases proportionately to a percentage increase in money supply, among other factors that influence inflation rates.
That the price level in 2005 would have been about 28 percent higher than what it actually reached in that year is highly speculative. And D is certainly not the correct option, because the economy's output is increased with increased production capacity caused by increased money supply.
