Reference no: EM132174476
1. LuxeDrive Inc. is an automobile company with unmatched competition because it has certain qualifications and assets that set it apart from the rest of the companies selling similar products. These act as qualifications that rival companies find hard to configure and replicate. This scenario regarding LuxeDrive Inc. can be best categorized as an example of __________.
serviceability
reliability
inimitability
parity
2. Which of the following is true of a tangible resource?
It is an economically valuable asset such as brands and patents.
It has a physical presence such as land, machinery, and cash.
It includes employee and management skills and talents.
It includes organizational assets like knowledge and reputation.
3. The Analyze Phase of DMAIC creates value for the process by testing improvements that have been made to a process.
True
False
4. Scattergrams provide the mathematic relationship between two variables.
True
False
5. A Pearson correlation coefficient of +1 indicates that two variables are directly related and move in the same direction.
True
False