Answer:
A) operational excellence
Explanation:
Operational excellence is a business strategy that consists in the constant improvement of all aspects of the organization in order to maintain high standars in every possible way. The idea is to be better than the competition in the long-term.
Walmart, Costco, and Southwest Airlines are engaging in operational excellence when they manage to offer products and services that have reasonable price, while being reliable and high-quality at the same time. The combination of low price, and high quality, is very hard to achieve, and it's a sign that a company is following operational excellence.
A. Fit
B. Unique Activities
C. Positioning
D. Trade-off
E. Operational effectiveness
It was an example of Positioning.
Answer: Option C.
<u>Explanation:</u>
A positioning strategy is the point at which an organization picks a couple of significant key territories to focus on and exceeds expectations in those regions.
A compelling positioning procedure thinks about the qualities and shortcomings of the association, the requirements of the clients and showcase and the situation of contenders. This helps to increase the effectiveness of the company.
The change that would encourage GDP growth to slow is the automobile industry reduces hours for factory workers.
<h3>What would cause GDP growth to slow?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
If the hours of work for factory workers is reduced, output would be reduced and this would slow GDP growth.
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A significant U.S. statute known as the Sherman Antitrust Act forbade corporations from banding together or combining to create monopolies.
<h3>What is meant by Sherman Antitrust Act?</h3>
A significant U.S. statute known as the Sherman Antitrust Act forbade corporations from banding together or combining to create monopolies. The law, which was passed in 1890, made it illegal for these organizations to dictate, regulate, and manipulate pricing in a certain market.
The Sherman Antitrust Act, a statute enacted in the United States that outlawed trusts, forced these tiny groups of independent businesses that joined to form a massive corporation and essentially established a monopoly in the oil sector to sell their shares, thereby boosting competition. This was a direct shot at American Tobacco and Standard Oil.
Therefore, the correct answer is option c. Sherman antitrust act.
The complete question is:
Which of the following was an attempt to restrict a monopoly of the oil industry in the united states?
a. Dingley Act of 1867
b. interstate commerce commission
c. Sherman antitrust act
d. McKinley tariff of 1890
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