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Supply Chain Management Study Set 2

Statistics

Quiz 2 :

Strategy and Sustainability

Quiz 2 :

Strategy and Sustainability

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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.
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False

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An order qualifier is a screening criterion that permits a firm's products to even be considered as possible candidates for purchase.
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True

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Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems.
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Productivity is a relative measure.
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One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost.
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Operations and supply strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.
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Activity-system maps show how a company's strategy is delivered through a set of tailored activities.
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Infrastructure decisions within operations strategy include the selection of the appropriate technology, the role of inventory, and the location of facilities.
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An operations strategy must resist change because of the long term nature of equipment and personnel investments.
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By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.
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Once an operations strategy is adopted and articulated, the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time.
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An operations and supply chain strategy must be integrated with the organization's corporate strategy.
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One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off.
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An order winner is a set of criterion that differentiates the products or services of one firm from another.
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An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.
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Activity-system maps depict the geographic reach of a company's business strategies.
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One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed.
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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 it is called straddling.
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Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.
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The job of operations and supply chain strategy is to deliver the most feature-rich, highest quality product at the lowest price within specified parameters of delivery time and customization.
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