Question

According to the consulting firm of Arthur D. Little, the four keys to the success of a high- performance business are:

A. employees, management, corporate culture, and core competencies
B. stakeholders, processes, resources, and organization
C. core competencies, resources, customers, and intermediaries
D. intermediaries, resources customers, and organization
E. employees, resources, organization, and customers

Answer 1

The four keys to the success of a high-performance business are employees, management, corporate culture, and core competencies.

Step-by-step explanation:

The four keys to the success of a high-performance business, according to the consulting firm of Arthur D. Little, are:

• Employees: Having a skilled and motivated workforce is crucial for a business to succeed. Employees contribute their skills, knowledge, and creativity to the organization.
• Management: Effective management ensures that the business is well-organized, goals are set and achieved, and resources are effectively utilized.
• Corporate culture: A positive and supportive corporate culture fosters teamwork, innovation, and a sense of belonging among employees.
• Core competencies: A high-performance business focuses on its core competencies, which are the unique capabilities that set it apart from competitors. By excelling in these areas, the business can deliver exceptional value to customers.