ch2 - ch2 Student 1 An operations and supply chain strategy...

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ch2 Student: ___________________________________________________________________________ 1. An operations and supply chain strategy must be integrated with the organization's corporate strategy. True False 2. One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost. True False 3. One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed. True False 4. One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off. True False 5. 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. True False 6. 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. True False 7. By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success. True False 8. An order winner is a set of criteria that differentiates the products or services of one firm from another. True False 9. An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase. True False 10. An order qualifier is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase. True False
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11. Activity-system maps show how a company's strategy is delivered through a set of tailored activities. True False 12. Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy. True False 13. Activity-system maps depict the geographic reach of a company's business strategies. True False 14. Operations and supply chain strategy are not important issues to investors who tend to focus on growth, dividends and earnings per share. True False 15. Investors pay close attention to efficiency and productivity measures like net income per employee because they are interested in how well the firm manages its workforce relations. True False 16. During a recession, efficient firms often have an opportunity to increase market share while maintaining profitability. True False 17. An operations strategy must resist change because of the long term nature of equipment and personnel investments. True False
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ch2 - ch2 Student 1 An operations and supply chain strategy...

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