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Q1.

Which of the following best describes the technique Pareto analysis?

Answer: C
Q2.

'Our people are the source of our strength. They provide our corporate intelligence and determine our reputation and vitality.' This extract from the Ford Motor Company is an example of which of the following?

Answer: B
Q3.

Supply base rationalization is best achieved by which of the following means?

Answer: D
Q4.

In a new product development programme, which of the following stages is likely to yield the greatest cost savings as a result of a value engineering exercise?

Answer: A
Q5.

Which of the following best defines the term core competence?

Answer: C

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