Exam 2: Operations and Supply Chain Strategies

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

A business's core competencies can shift over time.

Free
(True/False)
4.8/5
(71)
Correct Answer:
Verified

True

No one could turn around a failing restaurant as expertly as Gordon,whose experience and cadre of trained professionals was available at a moment's notice should his services be needed.This ability,some might call it a gift,was developed to such a level that other restaurant consultants were unable to match his results.This ability is best described as his:

Free
(Multiple Choice)
4.8/5
(72)
Correct Answer:
Verified

B

Changeover flexibility refers to the ability of a company to change production quickly from one product to another with a minimal downtime in production.

Free
(True/False)
4.8/5
(82)
Correct Answer:
Verified

False

Core competencies can be described as:

(Multiple Choice)
4.7/5
(75)

The latex division of Vandelay Industries provided support after the sale that could not be matched by any of the other players in the latex industry.This unique attribute was responsible for perhaps 60% of their sales volume and could be described as:

(Multiple Choice)
4.8/5
(75)

Structural elements of a business include:

(Multiple Choice)
4.8/5
(83)

In general,core competencies drive strategies.

(True/False)
4.8/5
(81)

What are the differences between performance,conformance,and reliability dimensions of quality?

(Essay)
5.0/5
(79)

Electra wants to purchase a laptop for use in her MBA program so she can work on assignments and surf the web while the professor drones on endlessly.After consulting with her colleagues,she chooses the dimensions of cost,weight,processor speed,and touchscreen capability as critical to her long term success and amusement.She evaluates four different laptops and rates their performance on each criterion on a scale from 1 (poor)to 5 (excellent).She is struggling with her assessment of the importance of the Cost criterion.As an avid lottery player,she is pretty sure that tonight's drawing will result in at least a two number match on the ticket she bought on the way to class and it could mean a three-number match.Given her uncertainty,she would like to choose the laptop that performs the best overall across the entire spectrum of possibilities of the outcome of tonight's lottery.Which would you recommend? Electra wants to purchase a laptop for use in her MBA program so she can work on assignments and surf the web while the professor drones on endlessly.After consulting with her colleagues,she chooses the dimensions of cost,weight,processor speed,and touchscreen capability as critical to her long term success and amusement.She evaluates four different laptops and rates their performance on each criterion on a scale from 1 (poor)to 5 (excellent).She is struggling with her assessment of the importance of the Cost criterion.As an avid lottery player,she is pretty sure that tonight's drawing will result in at least a two number match on the ticket she bought on the way to class and it could mean a three-number match.Given her uncertainty,she would like to choose the laptop that performs the best overall across the entire spectrum of possibilities of the outcome of tonight's lottery.Which would you recommend?

(Essay)
4.7/5
(79)

At the ________ stage of alignment,the business strategy seeks to exploit core competencies found within the operations and supply areas.

(Short Answer)
4.9/5
(67)

One way to quantify the overall value of an item or service to a customer is by using a(n)________.

(Short Answer)
4.9/5
(85)

Volume flexibility is the term used to describe the ability of a producer to produce a dazzling array of products or services.

(True/False)
4.9/5
(70)

We have all experienced the endless wait for repair technicians to show up at our house.If the cable company would provide an estimate of "Your installer will arrive at your house between 2 pm and 3 pm on Wednesday," instead of "Your installer will arrive at your house between 8 am and 5 pm on Wednesday," we would be impressed with their service and their:

(Multiple Choice)
4.9/5
(78)

The firm's targeted customers,time frames,and performance objectives are identified by their:

(Multiple Choice)
4.7/5
(77)

Organizational strengths or abilities,developed over a long period of time that customers find valuable and competitors find difficult or impossible to copy are ________.

(Short Answer)
4.9/5
(85)

Conformance quality addresses whether the product was made or the service performed to specifications.

(True/False)
4.8/5
(76)

Which of these is a major operations and supply chain infrastructural decision category?

(Multiple Choice)
4.8/5
(91)

Before firms can progress to the fourth stage of alignment,they must:

(Multiple Choice)
4.8/5
(73)

You decide to open a bookstore with a wide selection,comfortable seating,and an internal coffee shop because it has worked very well for other bookstores you have visited.Your strategy could be described as externally neutral.

(True/False)
4.8/5
(69)

The translation of an overall business strategy into a level of detail suitable for the marketing area is a(n)________.

(Short Answer)
5.0/5
(95)
Showing 1 - 20 of 71
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)