Question: 5 . Which statement below is True, and which one is False - for those you specified as a False statement, explain why they are

5. Which statement below is True, and which one is False- for those you specified as a False statement, explain why they are incorrect, or what wording change makes them a True statement? (10 points)
Statement True or False? Why? (For the ones you chose as False only)
5-1. Highly specialized resources which allow for a high precision and speed are best to utilize for mass production of standard products
5-2. For a high degree of product variety a low degree of process flexibility is needed.
5-3. Marketing, Finance, and Operations are the 3 core functions of each organization.
5-4. Occupying a differentiated position in the competitive product space requires producing and delivering different product attributes.
5-5. Functional strategies configure and develop business processes that best enable a firm to produce and deliver the products
5-6. Buffer is a flow unit which is waiting to go to the next step in a process
5-7. Inputs are transformed into outputs of a process through the network of activities, and by the help of the resources and information

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