Question 1

Productivity is a relative measure.

Accepted Answer

A) True 
 B)False

Question 2

What is a criterion or product characteristic that differentiates a product from the products of competitors in a way meaningful to the market called? ____________________

Accepted Answer

Order winner
Explanation: An o

Question 3

An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.

Accepted Answer

A) True 
 B)False

Question 4

A firm's business practices toward its' labor force pertain mainly to the economic aspect of the triple bottom line concept.

Accepted Answer

A) True 
 B)False

Question 5

In a multifactor measure of productivity the numerator of the ratio would include all resources used or all inputs.

Accepted Answer

A) True 
 B)False

Question 6

The triple bottom line considers evaluating the firm against social,economic,and environmental criteria.

Accepted Answer

A) True 
 B)False

Question 7

Within a sustainability framework,the economic dimension of the triple bottom line concept goes beyond just profit for the firm but also provides lasting economic benefit to society.

Accepted Answer

A) True 
 B)False

Question 8

One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is a partial measure of productivity?

Accepted Answer

A)  Output/Materials 
B)  Output/(Labor + Capital + Energy) 
C)  Output/All resources used 
D)  Output/Inputs 
E)  All of the above 
A)  Output/Materials 
B)  Output/(Labor + Capital + Energy) 
C)  Output/All resources used 
D)  Output/Inputs 
E)  All of the above

Question 11

By following a straddling strategy,firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.

Accepted Answer

A) True 
 B)False

Question 12

Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.

Accepted Answer

A) True 
 B)False

Question 13

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features,services,and technologies into its current portfolio is called flexibility.

Accepted Answer

A) True 
 B)False

Question 14

The social impact of the triple bottom line concept pertains to fair and beneficial business practices toward labor,the community,and the region in which a firm conducts its business.

Accepted Answer

A) True 
 B)False

Question 15

Various financial data for SunPath Manufacturing for 2012 & 2013 follow. $\begin{array}{c}
\begin{array}{ll}
\
\text { Output: } & \text { Sales } \
\text { Inputs: } & \text { Labor } \
& \text { Raw Materials: } \
& \text { Energy: } \
& \text { Capital Employed: } \
& \text { Other: }
\end{array}
\begin{array}{rr}
\underline{2012} & \underline{2013} \
\$ 300,000 & \$ 330,000 \
\$ 40,000 & \$ 43,000 \
\$ 45,000 & \$ 51,000 \
\$ 10,000 & \$ 9,000 \
\$ 250,000 & \$ 262,000 \
\$ 2,000 & \$ 6,000
\end{array}
\end{array}$
What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2012 & 2013?

Accepted Answer

A)  -9.22 
B)  2.33 
C)  -0.53 
D)  -2.88 
E)  10.39 
A)  -9.22 
B)  2.33 
C)  -0.53 
D)  -2.88 
E)  10.39

Question 16

One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost.

Accepted Answer

A) True 
 B)False

Question 17

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

Accepted Answer

Activity-system map
Explanatio

Question 18

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours,and the total materials used were 425 units,what kind of productivity measure could you use to compute productivity?

Accepted Answer

A)  Partial measure 
B)  Multifactor measure 
C)  Total measure 
D)  A and B above 
E)  B and C above 
A)  Partial measure 
B)  Multifactor measure 
C)  Total measure 
D)  A and B above 
E)  B and C above

Question 19

An activity-system map is which of the following?

Accepted Answer

A)  A network guide to route airlines 
B)  A listing of activities that make up a project 
C)  A diagram that shows how a company's strategy is delivered to customers 
D)  A facility layout schematic noting what is done where 
E)  A timeline displaying major planned events 
A)  A network guide to route airlines 
B)  A listing of activities that make up a project 
C)  A diagram that shows how a company's strategy is delivered to customers 
D)  A facility layout schematic noting what is done where 
E)  A timeline displaying major planned events

Question 20

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

Accepted Answer

A) True 
 B)False

Productivity is a relative measure.

What is a criterion or product characteristic that differentiates a product from the products of competitors in a way meaningful to the market called? ____________________

An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.

A firm's business practices toward its' labor force pertain mainly to the economic aspect of the triple bottom line concept.

In a multifactor measure of productivity the numerator of the ratio would include all resources used or all inputs.

The triple bottom line considers evaluating the firm against social,economic,and environmental criteria.

Within a sustainability framework,the economic dimension of the triple bottom line concept goes beyond just profit for the firm but also provides lasting economic benefit to society.

One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off.

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

Which of the following is a partial measure of productivity?

By following a straddling strategy,firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.

Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features,services,and technologies into its current portfolio is called flexibility.

The social impact of the triple bottom line concept pertains to fair and beneficial business practices toward labor,the community,and the region in which a firm conducts its business.

One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost.

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

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours,and the total materials used were 425 units,what kind of productivity measure could you use to compute productivity?

An activity-system map is which of the following?

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

Operations and Supply Chain Management

Forecasting

Strategic Capacity Management

Projects

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

Filters

Exam 2: Strategy and Sustainability

Productivity is a relative measure.

What is a criterion or product characteristic that differentiates a product from the products of competitors in a way meaningful to the market called? ____________________

An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.

A firm's business practices toward its' labor force pertain mainly to the economic aspect of the triple bottom line concept.

In a multifactor measure of productivity the numerator of the ratio would include all resources used or all inputs.

The triple bottom line considers evaluating the firm against social,economic,and environmental criteria.

Within a sustainability framework,the economic dimension of the triple bottom line concept goes beyond just profit for the firm but also provides lasting economic benefit to society.

One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off.

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

Which of the following is a partial measure of productivity?

By following a straddling strategy,firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.

Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features,services,and technologies into its current portfolio is called flexibility.

The social impact of the triple bottom line concept pertains to fair and beneficial business practices toward labor,the community,and the region in which a firm conducts its business.

One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost.

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

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours,and the total materials used were 425 units,what kind of productivity measure could you use to compute productivity?

An activity-system map is which of the following?

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

Operations and Supply Chain Management

Forecasting

Strategic Capacity Management

Projects

Manufacturing and Service Processes

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

Filters