Question 1 1 pts Companies whose core competency focuses on efficiency tend to generate lower margins (per unit) than companies whose business model is focused on responsiveness. O True O False Question 2 1 pts Which economic moat is most likely to result in price discounts from your suppliers? If there is more than one answer, select them all. O Patent or License Moat o Switching Cost Moat O Brand Moat Low Cost Producer Moat O Network Effect Moat Question 3 1 pts If your company's operating strategy is to be able to respond quickly to customer needs, which of the following statements is most appropriate to describe your business? i) You should charge a premium price for your products or services ii) You should hold extra inventory iii) You should consider paying more to your suppliers to ensure availability iv) You should leverage the full truckload and intermodal train shipments to create scale O i) and ii) and iv) only All of the answers are correct Oi) and ii) and iii) only oi) and ii) only Question 4 1 pts The manager of a carpet store is trying to determine the best installation crew size. He has tried various crew sizes with the results shown below. Based on productivity, what crew size do you recommend? Crew Size Yards Installed 776 1598 2 4 3 1175 3 1126 4 1602 728 2 O Don't Know O2 04 O 3