Exam 3: Strategy and Value: Competing Through Operations

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The competitive priority that is affected most substantially by performance/reward system decisions is:

(Multiple Choice)
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_______ capacity provides the firm the ability to handle occasional problems that come up and also gives them the ability to handle a special request.

(Short Answer)
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Porter's three strategy categories include:

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The focus strategy seeks a ______ portion of a ______ market segment.

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Customer's perception of value depends on the types of business outputs being produced and on the type of customer buying them.

(True/False)
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The capacity of the service or manufacturing can dictate the degree of integration and the emphasis placed on developing business partners.

(True/False)
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Value attributes that result in a particular customer making a purchase decision are referred to as:

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All product-oriented supply chains require _____ _______. All service-oriented supply chains ______ _______.

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Match these items. -Design capacity

(Multiple Choice)
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Which of the following is not a component of the supply chain network?

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A statement of what a business does, what its values are, who its market is, and why is known as

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Porter's three strategy categories include _________, ________, and ________.

(Short Answer)
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For any facility, cost per unit is at its _____ when the production or service rate matches the design capacity.

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In today's economy, services have become a very viable ______ _______ for many product purchasing decisions.

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Style and fashion, a value attribute of consumer customers, is prevalent in:

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In a mature market, price is often an:

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A _______ is the pattern of decisions an organization adopts in order to link resource decisions to goals.

(Short Answer)
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A company's strategy is not necessarily what it publicly says it is.

(True/False)
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Which of the following IS NOT associated with consumer customers' perception of value?

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