Untitled3 - Exam Name MULTIPLE CHOICE Choose the one...

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Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Strategic decisions are those which: A) Only involve senior managers B) Define the position of a business unit with respect to its operational capabilities C) Seek to move the whole organisation towards its overall long - term goals D) Require the input of external consultants and management accountants. 1) Answer: C Explanation: A) B) C) D) 2) The determination of performance priorities is normally influenced by: A) The specific needs of the company's customer groups B) The activities of the company's competitors C) The stage of the life cycle at which the product or service stands D) All of the above 2) Answer: D Explanation: A) B) C) D) 3) Which of the following competitive factors and performance objectives is unlikely to satisfy customers? 3) 4) There are four perspectives on operations strategy. The term 'emergent strategy' is most closely associated with which perspective? 4) 1
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5) There are four perspectives on operations strategy. The term 'core competency' is most closely associated with which perspective? 5) 6) An order - winning factor could be described as: A) A factor which has to be above a particular level to be considered by the customer B) A factor which may be of significance in other parts of the organisation C) A factor which directly and significantly contributes to winning business D) A factor which is at a higher level than the standard for the industry 6) Answer: C Explanation: A) B) C) D) 7) A qualifying factor could be described as: 7)
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