Exam 1: Creating Customer Value

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______ is the frequency with which the product or service meets design specifications.

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Consistent quality

Identify a large employer in your hometown. Describe this organization's inputs, processes, and outputs.

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Answers will vary based on the employer selected.

One effective global strategy is strategic alliances.

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True

A form of strategic alliance when one firm has resources and capabilities that another needs but is unwilling (or unable) to duplicate is called _______ .

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______ is a demonstrated level of performance of an order winner that is required for a firm to do business in a particular market segment.

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Over the last decade the gains in labour productivity in Canada have been greater in the manufacturing sector than in the service sector.

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Productivity is defined as ______ over ______ .

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______ is a set of activities that delivers value to external customers.

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Which of the following technologies is least likely to help companies to improve their competitiveness?

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______ measures the frequency with which delivery- time promises are met.

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An operations strategy is a pattern of decisions and investments over time that develop a competitive advantage.

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One of the main outputs from any processes should include which of the following?

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Inputs to a process can include human resources.

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Explain what is meant by an organization's internal customer, and its external customers. Use examples to support your explanation of the difference between these two types of customers.

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Explain the distinction between the three competitive priorities that deal with time, and provide examples of each: fast delivery time, on- time delivery, and development speed.

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Which one of the following statements concerning productivity is TRUE?

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On a per capita basis, as a nation Canada is one of lowest emitters of greenhouse gases in the world.

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Every process has a customer.

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Which of the following is NOT fundamental to supply chain management?

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The first step of needs assessment is market analysis.

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