Question 1

Total cost of ownership is an example of operational metric.

Accepted Answer

A) True 
 B)False

Question 2

Abilities that companies compete on that are difficult for competitors to replicate are known as ________.

Accepted Answer

The answer of Abilities that companies compete on that are...

Question 3

Resources that sustains competitive advantage are (choose two)

Accepted Answer

A) valuable. 
B) imitation-proof. 
C) rare. 
D) nonsubstitutable. 
A) valuable. 
B) imitation-proof. 
C) rare. 
D) nonsubstitutable.

Question 4

In Fisher's strategy model,innovative products are matched with efficient supply chains.

Accepted Answer

A) True 
 B)False

Question 5

The network of people that helps create value for a firm's customers is part of the firm's

Accepted Answer

A) capabilities. 
B) competencies. 
C) opportunities. 
D) none of the above. 
A) capabilities. 
B) competencies. 
C) opportunities. 
D) none of the above.

Question 6

In terms of a firm's strategy execution hierarchy,which is in correct order?

Accepted Answer

A) Tactics-strategy-operations 
B) Operations-tactics-strategy 
C) Strategy-tactics-operations 
D) Strategy-operations-tactics 
A) Tactics-strategy-operations 
B) Operations-tactics-strategy 
C) Strategy-tactics-operations 
D) Strategy-operations-tactics

Question 7

Discuss Michael Porter's generic strategies and how they apply to the way firms compete in a market.

Accepted Answer

Michael Porter suggests that there are t

Question 8

Resources that cannot be easily replaced that provide a sustainable competitive advantage for a firm are known to be ________.

Accepted Answer

substituti

Question 9

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

Accepted Answer

The answer of In Porter's five forces model,the bargaining power...

Question 10

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

Accepted Answer

A) efficient. 
B) responsive. 
C) local. 
D) global. 
A) efficient. 
B) responsive. 
C) local. 
D) global.

Question 11

The correct hierarchy for strategic planning is to develop company strategy first,followed by development of the mission and vision and then the operational subplans.

Accepted Answer

A) True 
 B)False

Question 12

According to Fisher's strategy model,supply chains for standardized kitchen appliances should focus on being ________.

Accepted Answer

The answer of According to Fisher's strategy model,supply chains for...

Question 13

Abilities that companies compete on that are difficult for competitors to replicate are known as capabilities.

Accepted Answer

A) True 
 B)False

Question 14

A relationship that occurs when companies understand that their core competencies need another firm's competencies in order to compete is known as a ________.

Accepted Answer

complement

Question 15

Order winners are minimal necessary attributes that allow a firm to enter into and compete in a market.

Accepted Answer

A) True 
 B)False

Question 16

Catchball is the strategic back-and-forth dialogue process to develop an error-free sales forecast.

Accepted Answer

A) True 
 B)False

Question 17

Corporate responsibility and sustainability are examples of

Accepted Answer

A) strategic metric. 
B) financial metric. 
C) relationship metric. 
D) operational metric. 
A) strategic metric. 
B) financial metric. 
C) relationship metric. 
D) operational metric.

Question 18

The relationship between Apple and its contract manufacturer Foxconn can be described as a

Accepted Answer

A) transactional relationship. 
B) complementary relationship. 
C) synergistic relationship. 
D) none of the above. 
A) transactional relationship. 
B) complementary relationship. 
C) synergistic relationship. 
D) none of the above.

Question 19

Which of the following is not one of the strategy in Porter's Generic Strategies model?

Accepted Answer

A) Cost 
B) Differentiation 
C) Focus 
D) Speed 
A) Cost 
B) Differentiation 
C) Focus 
D) Speed

Question 20

The capability to adjust a supply chain's design to meet major structural shifts in the market is called ________.

Accepted Answer

The answer of The capability to adjust a supply chain's...

Total cost of ownership is an example of operational metric.

Abilities that companies compete on that are difficult for competitors to replicate are known as ________.

Resources that sustains competitive advantage are (choose two)

In Fisher's strategy model,innovative products are matched with efficient supply chains.

The network of people that helps create value for a firm's customers is part of the firm's

In terms of a firm's strategy execution hierarchy,which is in correct order?

Discuss Michael Porter's generic strategies and how they apply to the way firms compete in a market.

Resources that cannot be easily replaced that provide a sustainable competitive advantage for a firm are known to be ________.

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

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

The correct hierarchy for strategic planning is to develop company strategy first,followed by development of the mission and vision and then the operational subplans.

According to Fisher's strategy model,supply chains for standardized kitchen appliances should focus on being ________.

Abilities that companies compete on that are difficult for competitors to replicate are known as capabilities.

A relationship that occurs when companies understand that their core competencies need another firm's competencies in order to compete is known as a ________.

Order winners are minimal necessary attributes that allow a firm to enter into and compete in a market.

Catchball is the strategic back-and-forth dialogue process to develop an error-free sales forecast.

Corporate responsibility and sustainability are examples of

The relationship between Apple and its contract manufacturer Foxconn can be described as a

Which of the following is not one of the strategy in Porter's Generic Strategies model?

The capability to adjust a supply chain's design to meet major structural shifts in the market is called ________.

Introduction to Supply Chain and Operations Management

Product and Process Design and Mapping

Service Design

Customer Relationship Management

Strategic Sourcing

Supplier Management

Demand Management and Forecasting

Inventory Management Fundamentals and Independent Demand

Sales and Operations Planning and Enterprise Resource Planning

Logistics

Project Management

Supply Chain Quality Management

Statistical Process Control

Lean and Six Sigma Management and Leading Change

Filters

Exam 2: Supply Chain and Operations Strategy

Total cost of ownership is an example of operational metric.

Abilities that companies compete on that are difficult for competitors to replicate are known as ________.

Resources that sustains competitive advantage are (choose two)

In Fisher's strategy model,innovative products are matched with efficient supply chains.

The network of people that helps create value for a firm's customers is part of the firm's

In terms of a firm's strategy execution hierarchy,which is in correct order?

Discuss Michael Porter's generic strategies and how they apply to the way firms compete in a market.

Resources that cannot be easily replaced that provide a sustainable competitive advantage for a firm are known to be ________.

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

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

The correct hierarchy for strategic planning is to develop company strategy first,followed by development of the mission and vision and then the operational subplans.

According to Fisher's strategy model,supply chains for standardized kitchen appliances should focus on being ________.

Abilities that companies compete on that are difficult for competitors to replicate are known as capabilities.

A relationship that occurs when companies understand that their core competencies need another firm's competencies in order to compete is known as a ________.

Order winners are minimal necessary attributes that allow a firm to enter into and compete in a market.

Catchball is the strategic back-and-forth dialogue process to develop an error-free sales forecast.

Corporate responsibility and sustainability are examples of

The relationship between Apple and its contract manufacturer Foxconn can be described as a

Which of the following is not one of the strategy in Porter's Generic Strategies model?

The capability to adjust a supply chain's design to meet major structural shifts in the market is called ________.

Introduction to Supply Chain and Operations Management

Product and Process Design and Mapping

Service Design

Customer Relationship Management

Strategic Sourcing

Supplier Management

Demand Management and Forecasting

Inventory Management Fundamentals and Independent Demand

Sales and Operations Planning and Enterprise Resource Planning

Logistics

Project Management

Supply Chain Quality Management

Statistical Process Control

Lean and Six Sigma Management and Leading Change

Filters