Answer:
<u><em>Local demand conditions</em></u>.
Explanation:
Michael Porter developed the diamond model, which is a framework that identifies the factors that help some organizations in a given country to be internationally competitive because they are so innovative.
For Porter companies that have international competitive advantages have a set of localization advantages, which include:
- Strategy,
- Structure and Company Rivalry advantages;
- Factorial conditions;
- Demand conditions; and
- Industries.
Some salesperson do try to start a new interaction by asking for something small from a potential customer because they know getting small acts of cooperation may lead to larger actions. The answer in this question is simply because they know getting small acts of cooperation may lead to larger actions.
Answer: C. Focused Cost Leadership
Explanation:
Focused cost leadership happens when a company tries to focus on one part of the market such that it is able to take advantages of the unique opportunities offered there to offer the lowest prices to that specific part of the market.
Sun County Airlines is focusing on leisure destinations and yet offering it at low cost. It is therefore trying to focus specifically on that market whilst offering the lowest price which makes this a focused cost leadership strategy.
Answer:
a. The process is capable of meeting design specifications because the index is greater than 1
Explanation:
Missing word <em>"a. the index is greater than 1.0, b. the process is not capable of meeting design specifications because the index is less than 1.0, c. the process is capable of meeting design specifications because the index is twice the process capability ratio, d. none of the above"</em>
Process capability ratio (Cp) = (USL - LSL) / 6σ
- USL = 5+0.05= 5.05
- LSL = 5 - 0.05 = 4.95
- Standard deviation σ = 0.01
Process capability ratio (Cp) = 5.05 - 4.95 / 6*0.01
Process capability ratio (Cp) = 0.1 / 0.06
Process capability ratio (Cp) = 1.666666666666667
Process capability ratio (Cp) = 1.67
Process capability ratio Cp > 1. So, the Process is capable of meeting design specification.
