Question: Question 5 Read the following passage and answer the given question. In MBA programs, students are taught that companies can't expect to compete on the
Question
Read the following passage and answer the given question.
In MBA programs, students are taught that companies can't expect to compete on the basis of internal managerial competencies because they're just too easy to copy. Operational effectivenessdoing the same thing as other companies but doing it exceptionally wellis not a path to sustainable advantage in the competitive universe. To stay ahead, the thinking goes, a company must stake out a distinctive strategic positiondoing something different than its rivals. This is what the suite should focus on leaving middle and lowerlevel managers to handle the nuts and bolts of managing the organization and executing plans.
Q: What according to the passage is the meaning of Operational Effectiveness?
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Clear Re
Doing the same things that other companies are doing
Doing things exceptionally well
Managing the organization and executing plans
Doing the same things better than the other companies
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