Managing Supply Chain Study Set 1

Which of the following is not one of the strategies in Porter's Generic Strategies model?

According to Fisher's strategy model,supply chains for function products should focus on being

According to Fisher's strategy model,supply chains for innovative products should focus on being

According to Fisher's strategy model,supply chains for custom-built,made-to-order windows should focus on being

The ability of a supply chain to quickly respond to short-term changes in demand or supply is called

The capability to adjust a supply chain's design to meet major structural shifts in the market is called

Zara,a Spanish fashion retailer,is able to have their supply chain design,create,and deliver product in 15 days as compared to a couple of months for their competitors.This gives them the ability to quickly respond to short-term changes in demand and is called

In the context of firm and SC&O strategy,necessary attributes that allow a firm to enter into and compete in a market are called

Operations strategy focuses on allocating resources within the firm to provide value to customers.

Focus strategy,which is part of Porter's generic strategies,focuses on reducing cost.

Differentiation strategy,which is part of Porter's generic strategies,emphasizes select customers or markets.

In Fisher's strategy model,functional products require efficient supply chains.

In Fisher's strategy model,innovative products are matched with efficient supply chains.

Agility is the capability to adjust a supply chain's design to meet major structural shifts in the market.

Supply chain adaptability is important to capturing the value of long-terms changes in the competitive market landscape.

Order winners are minimal necessary attributes that allow a firm to enter into and compete in a market.

According to Fisher's strategy model,supply chains for functional products should focus on being ________.

According to Fisher's strategy model,supply chains for innovative products should focus on being ________.

According to Fisher's strategy model,supply chains for standardized kitchen appliances should focus on being ________.

The ability of a supply chain to quickly respond to short-term changes in demand or supply is called ________.