Graded Homework

1. Provide the business strategy or a possible business strategy of a local, national or global company.
   1. Explain why the business strategy is important for the company to succeed.

1. Explain what is meant by the term competitive priority and describe the four categories of competitive priorities discussed in the chapter. Please identify one competitive priority the company identified in question one is using.

1. A company that makes kitchen chairs wants to compare productivity at two of its facilities. At facility #1, eight (8) workers produced 320 chairs. At facility #2, ten (10) workers produced 285 chairs during the same time period. Which facility was more productive?

1. Describe the three types of technologies. Explain the strategic role of technology?

Please identify which of the three technologies your company identified in question one is using. If it is a product technology, please provide the name of the product.