Question 1

Which of these has the broader range?

Accepted Answer

A)  Intrafunctional scope 
B)  Intercompany scope 
C)  Interfunctional scope 
D)  Intraoperational scope 
A)  Intrafunctional scope 
B)  Intercompany scope 
C)  Interfunctional scope 
D)  Intraoperational scope

Question 2

The first step in achieving strategic fit between competitive and supply chain strategies is to

Accepted Answer

A)  understand the supply chain and map it on the responsiveness spectrum. 
B)  understand customers and supply chain uncertainty. 
C)  match supply chain responsiveness with the implied uncertainty of demand. 
D)  ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness. 
A)  understand the supply chain and map it on the responsiveness spectrum. 
B)  understand customers and supply chain uncertainty. 
C)  match supply chain responsiveness with the implied uncertainty of demand. 
D)  ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness.

Question 3

Because demand and supply characteristics change, the supply chain strategy must change over the product life cycle if a company is to continue achieving strategic fit.

Accepted Answer

A) True 
 B)False

Question 4

Seven-Eleven in Japan's operations and distribution strategy focuses on

Accepted Answer

A)  convenience in the form of easy access to stores. 
B)  constantly adding new products and services. 
C)  low cost for gasoline, which drives traffic to the store. 
D)  being responsive and having an excellent information infrastructure. 
A)  convenience in the form of easy access to stores. 
B)  constantly adding new products and services. 
C)  low cost for gasoline, which drives traffic to the store. 
D)  being responsive and having an excellent information infrastructure.

Question 5

The authors cite IKEA as achieving an intercompany scope of strategic fit which serves to

Accepted Answer

A)  minimize IKEA's costs. 
B)  align the strategic fit with the consumer surplus. 
C)  minimize the costs of all supply chain elements. 
D)  increase the supply chain surplus. 
A)  minimize IKEA's costs. 
B)  align the strategic fit with the consumer surplus. 
C)  minimize the costs of all supply chain elements. 
D)  increase the supply chain surplus.

Question 6

To retain strategic fit, supply chain strategy must be adjusted over the life cycle of a product and as the competitive landscape changes.

Accepted Answer

A) True 
 B)False

Question 7

Monolithic Lumber has purchased timber from Bunyan Axe, the same wholly-owned subsidiary, for the last two centuries and plans to do so for another two centuries. It is crucial that Monolithic continue to demonstrate an agile company scope.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following specifies the portfolio of new products that a company will try to develop?

Accepted Answer

A)  Competitive strategy 
B)  Product development strategy 
C)  Marketing and sales strategy 
D)  Supply chain strategy 
A)  Competitive strategy 
B)  Product development strategy 
C)  Marketing and sales strategy 
D)  Supply chain strategy

Question 9

Globalization has increased the opportunities and decreased the risks for supply chains.

Accepted Answer

A) True 
 B)False

Question 10

The second step in achieving strategic fit between competitive and supply chain strategies is to

Accepted Answer

A)  understand the supply chain and map it on the responsiveness spectrum. 
B)  understand customers and supply chain uncertainty. 
C)  match supply chain responsiveness with the implied uncertainty of demand. 
D)  ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness. 
A)  understand the supply chain and map it on the responsiveness spectrum. 
B)  understand customers and supply chain uncertainty. 
C)  match supply chain responsiveness with the implied uncertainty of demand. 
D)  ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness.

Question 11

Which of these services facilitates the function of the value chain but is not considered a core element of the supply chain?

Accepted Answer

A)  Marketing 
B)  Information Technology 
C)  Distribution 
D)  Service 
A)  Marketing 
B)  Information Technology 
C)  Distribution 
D)  Service

Question 12

Which of the following defines the set of customer needs that a company seeks to satisfy through its products and services?

Accepted Answer

A)  Competitive strategy 
B)  Product development strategy 
C)  Marketing and sales strategy 
D)  Supply chain strategy 
A)  Competitive strategy 
B)  Product development strategy 
C)  Marketing and sales strategy 
D)  Supply chain strategy

Question 13

A ________ strategy specifies how the market will be segmented and how the product will be positioned, priced, and promoted.

Accepted Answer

A)  Product Development 
B)  Marketing and Sales 
C)  Supply Chain 
D)  Finance 
A)  Product Development 
B)  Marketing and Sales 
C)  Supply Chain 
D)  Finance

Question 14

Discuss the two keys to the success or failure of a company.

Accepted Answer

A company's success or failure is thus c

Question 15

The intercompany scope of strategic fit is no longer relevant today because the competitive playing field has shifted from company versus company to supply chain versus supply chain.

Accepted Answer

A) True 
 B)False

Question 16

Explain scope of strategic fit.

Accepted Answer

Scope of strategic fit refers to the fun

Question 17

Greater product variety and shorter life cycles result in shorter windows of opportunity for a supply chain to achieve fit.

Accepted Answer

A) True 
 B)False

Question 18

A ________ strategy specifies the portfolio of new products that a company will try to develop.

Accepted Answer

A)  Product Development 
B)  Marketing and Sales 
C)  Supply Chain 
D)  Finance 
A)  Product Development 
B)  Marketing and Sales 
C)  Supply Chain 
D)  Finance

Question 19

A graph with two axes with implied uncertainty along the horizontal axis and responsiveness along the vertical axis is referred to as the

Accepted Answer

A)  implied uncertainty spectrum. 
B)  responsiveness spectrum. 
C)  uncertainty/responsiveness map. 
D)  zone of strategic fit. 
A)  implied uncertainty spectrum. 
B)  responsiveness spectrum. 
C)  uncertainty/responsiveness map. 
D)  zone of strategic fit.

Question 20

Supply chain responsiveness includes the ability to do which of the following?

Accepted Answer

A)  Understand customers and supply chain 
B)  Match supply chain responsiveness with the implied uncertainty of demand 
C)  Meet short lead times 
D)  Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness 
A)  Understand customers and supply chain 
B)  Match supply chain responsiveness with the implied uncertainty of demand 
C)  Meet short lead times 
D)  Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness

Which of these has the broader range?

The first step in achieving strategic fit between competitive and supply chain strategies is to

Because demand and supply characteristics change, the supply chain strategy must change over the product life cycle if a company is to continue achieving strategic fit.

Seven-Eleven in Japan's operations and distribution strategy focuses on

The authors cite IKEA as achieving an intercompany scope of strategic fit which serves to

To retain strategic fit, supply chain strategy must be adjusted over the life cycle of a product and as the competitive landscape changes.

Monolithic Lumber has purchased timber from Bunyan Axe, the same wholly-owned subsidiary, for the last two centuries and plans to do so for another two centuries. It is crucial that Monolithic continue to demonstrate an agile company scope.

Which of the following specifies the portfolio of new products that a company will try to develop?

Globalization has increased the opportunities and decreased the risks for supply chains.

The second step in achieving strategic fit between competitive and supply chain strategies is to

Which of these services facilitates the function of the value chain but is not considered a core element of the supply chain?

Which of the following defines the set of customer needs that a company seeks to satisfy through its products and services?

A ________ strategy specifies how the market will be segmented and how the product will be positioned, priced, and promoted.

Discuss the two keys to the success or failure of a company.

The intercompany scope of strategic fit is no longer relevant today because the competitive playing field has shifted from company versus company to supply chain versus supply chain.

Explain scope of strategic fit.

Greater product variety and shorter life cycles result in shorter windows of opportunity for a supply chain to achieve fit.

A ________ strategy specifies the portfolio of new products that a company will try to develop.

A graph with two axes with implied uncertainty along the horizontal axis and responsiveness along the vertical axis is referred to as the

Supply chain responsiveness includes the ability to do which of the following?

Understanding the Supply Chain

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to e-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Aggregate Planning in a Supply Chain

Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Sustainability and the Supply Chain

Filters

Exam 2: Supply Chain Performance: Achieving Strategic Fit and Scope

Which of these has the broader range?

The first step in achieving strategic fit between competitive and supply chain strategies is to

Because demand and supply characteristics change, the supply chain strategy must change over the product life cycle if a company is to continue achieving strategic fit.

Seven-Eleven in Japan's operations and distribution strategy focuses on

The authors cite IKEA as achieving an intercompany scope of strategic fit which serves to

To retain strategic fit, supply chain strategy must be adjusted over the life cycle of a product and as the competitive landscape changes.

Monolithic Lumber has purchased timber from Bunyan Axe, the same wholly-owned subsidiary, for the last two centuries and plans to do so for another two centuries. It is crucial that Monolithic continue to demonstrate an agile company scope.

Which of the following specifies the portfolio of new products that a company will try to develop?

Globalization has increased the opportunities and decreased the risks for supply chains.

The second step in achieving strategic fit between competitive and supply chain strategies is to

Which of these services facilitates the function of the value chain but is not considered a core element of the supply chain?

Which of the following defines the set of customer needs that a company seeks to satisfy through its products and services?

A ________ strategy specifies how the market will be segmented and how the product will be positioned, priced, and promoted.

Discuss the two keys to the success or failure of a company.

The intercompany scope of strategic fit is no longer relevant today because the competitive playing field has shifted from company versus company to supply chain versus supply chain.

Explain scope of strategic fit.

Greater product variety and shorter life cycles result in shorter windows of opportunity for a supply chain to achieve fit.

A ________ strategy specifies the portfolio of new products that a company will try to develop.

A graph with two axes with implied uncertainty along the horizontal axis and responsiveness along the vertical axis is referred to as the

Supply chain responsiveness includes the ability to do which of the following?

Understanding the Supply Chain

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to e-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Aggregate Planning in a Supply Chain

Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Sustainability and the Supply Chain

Filters