Exam 2: Strategy and Sustainability

Infrastructure decisions within operations strategy include the selection of the appropriate technology, the role of inventory and the location of facilities.

The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours.Using the appropriate productivity measure, which of the following numbers represents the resulting productivity ratio?

Sustainability means meeting a firm's current needs without excessively compromising the ability of future generations to meet their own needs.

Which of the following is not a measure of operations and supply chain management efficiency used by Wall Street?

When developing an operations and supply chain strategy, which of the following is an important product- specific criterion to consider?

When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services, what is this process called?

During a recession, efficient firms often have an opportunity to increase market share while maintaining profitability.

In a partial measure of productivity the denominator of the ratio would include all resources used or all inputs.

An operations and supply chain strategy must be integrated with the organization's corporate strategy.

A diagram showing how a company's strategy is delivered through a set of tailored activities is called what?

Productivity is a relative measure.

Once an operations strategy is adopted and articulated, the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time.

Name five common measures of operations and supply management efficiency used by Wall Street.

Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems.

A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?

Various financial data for SunPath Manufacturing for 2011 & 2012 follow. What is the percentage change in SunPath's total productivity measure between 2011 & 2012?

Which of the following is a measure of operations and supply management efficiency used by Wall Street?

Investors pay close attention to efficiency and productivity measures like net income per employee because they are interested in how well the firm manages its workforce relations.

Explain the role that "order qualifiers" and "order winners" play as the interface between marketing and operations.

Activity-system maps show how a company's strategy is delivered through a set of tailored activities.