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Exam 2: Strategy

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Question 21

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

A) True
B) False

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Question 22

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

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B) False

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Question 23

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

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.

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

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

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

Describe a specific example of the trade-offs between any two of the competitive dimensions.

Which of the following is a total measure of productivity?

People who provide capital to the firm through stock purchases are called: _____________________

Activity-system maps depict the geographic reach of a company's business strategies.

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

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?

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

Which of the following is not a major strategic operational competitive dimension that forms a company's competitive position?

One of the competitive dimensions that form the competitive position of a company when planning its strategies is delivery speed.

Various financial data for SunPath Manufacturing for 2012 and 2013 follow. What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2012 and 2013?

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