Posted on by Judy

Modern business has evolved through three main stages, the sales concept, the marketing concept, and finally today the production concept. The most successful organizations today focus upon the production concept, viz., they focus upon building a superior product or providing a superior service, knowing that “If you build a better mousetrap, the world will beat a path to your door’ Good strategic management follows this model and begins with the production concept. Select one: O True False Like an actor whose performance is guided by a script someone else has written, Covey says that all of us have been scripted from childhood by others-our family, schools, friends, popular culture, work experiences, etc. Those who never learn to “re-script themselves, based upon their own imagination, conscience, self-awareness, and deepest principles and values, end up with their life being·lived” by the design of others, rather than living a life guided by their own center and of their own choice. Select one: True C False Laser eye surgery could be considered an example of a substitute product or service for eyeglasses and contact lenses. Select one: The False

Answer:
1. True.
Reason: A good strategic management begins with production concept because innovation is linked with production. And also the human being evolved in many hundred years due to the innovations occured. So, this holds good for business too.
2. False.
Reason: The statement can’t be 100% correct since no one will live a life same as scripted by others. Yes, One individual’s life will get influenced by many peoples such as friends, family, culture etc., but the replication don’t occurs since the situation of every individuals will be different.
3.Ture.
Reason: It is a surgery which is done to rectify the vision problem instead of using eyeglasses / contract lenses.
 
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