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MCQ 6: An organization's ability to offer market offerings at lower prices, in comparison with its competitors is known as:

  1. inelastic demand
  2. product differentiation
  3. cost leadership
  4. elastic demand

MCQ 7: The balanced scorecard perspective focuses on all the operations, and it leads to value creation process for customers, can be categorized as:

  1. learning perspective
  2. financial perspective
  3. internal business process perspective
  4. customer perspective

MCQ 8: The quantity of produced output is divided with the cost of all used inputs to calculate:

  1. engineered productivity
  2. targeted productivity
  3. partial productivity
  4. total factor productivity

MCQ 9: In operating income strategic analysis, a component which measures the change in operating income attributed to the change in output quantity is classified as:

  1. internal process component
  2. growth component
  3. price recovery component
  4. productivity component

MCQ 10: An example of financial perspective in balanced scorecard is:

  1. employee turnover rates
  2. operating capabilities and number of patents
  3. operating income and revenue growth
  4. customer satisfaction and market share

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