Exam 2: Supply Chain and Operations Strategy

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The Japanese term for "a compass," which indicates a vision or purpose to all existence is ________.

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Hoshin

Complementary relationships in a supply chain typically involve development of relational capabilities.

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False

A firm's ability to integrate,build,and reconfigure internal and external competencies to address rapidly changing environments are known as ________.

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dynamic capabilities

How does a firm gain competitive advantage by applying tangible and intangible resources to operate effectively?

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The Japanese term for management control or policy deployment is ________.

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A manufacturer creating the capability for quick changes in products,product mixes,and/ or production volume is a

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Describe the types of relationships in a supply chain and how they drive value for the focus firm in a supply chain.

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The planning tool commonly used by Japanese managers for policy deployment through a strategic planning process that utilizes project-based improvement is known as ________.

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In Porter's five forces model,the bargaining power of suppliers is called the

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An arm's length relationship with supply chain partners that is managed by scripted interactions is known as a ________.

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Discuss Fisher's strategy model and how it can be used to achieve alignment between a firm's generic strategy and SC&O strategy.

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In Porter's five forces model,the bargaining power of customers is called the ________.

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Which type of supply chain relationship typically involves development of relational capabilities?

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Discuss Porter's five forces model and how it influences the ability of a firm to compete.

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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 ________.

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

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Which process in the SCOR model balances aggregate demand and supply to develop the best course of action for other processes/ activities within the organization's supply chain?

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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

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

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Goals for improving product quality are part of the

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