Question: 4. Specify if the statements below are true or False. For those which are incorrect, provide a small explanation why they are wrong, or what

4. Specify if the statements below are true or

4. Specify if the statements below are true or False. For those which are incorrect, provide a small explanation why they are wrong, or what is the correct statement accordingly (8 points). True or Statement Why? (For the ones you chose as False only) False? Highly specialized resources which allow for a high precision and speed are best to utilize for mass production of standard products The more product variety is desired, the more process flexibility is needed. Marketing, Finance, and IT are the 3 core functions of each organization. Occupying a differentiated position in the competitive product space requires producing and delivering different product attributes. Functional strategies configure and develop business processes that best enable a firm to produce and deliver the products

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