Exam 2: Operations and Supply Chain Strategies

Which of the following is NOT a generic performance dimension of operations and supply chain activities?

The ability to produce a wide range of products or services is referred to as ________.

The latex division of Vandelay Industries provided support after the sale that could not be matched by any of the other players in the latex industry.This unique attribute was responsible for perhaps 60% of their sales volume and could be described as:

In the internally supportive stage of business strategy alignment,management merely attempts to minimize negative potential in the operations and supply chain area.

________ are the people,policies,and organizational structure choices made by a firm.

A major retailer wants to sell items as cheaply as possible while maintaining an attractive and enjoyable shopping atmosphere.Spending too much on ambience will raise prices and drive away shoppers but spending too little will drive shoppers away also.Clearly,the retailer is faced with a(n)________.

When the operations and supply chain areas are not linked with the overall business strategy,but instead follow industry practices,the firm is in this stage of alignment.

Which of these statements about time performance is BEST?

Mutt's Amazing Dogs offers a hot dog with mustard and a hot dog with relish and mustard.The difference between the two (the relish)is achieved by flipping a single lever,which changes the dispenser from mustard,to a perfectly proportioned mix of relish and mustard.This lever responds instantly to the feathery touch of Mutt,who has achieved a high level of:

Changeover flexibility refers to the ability of a company to change production quickly from one product to another,thereby producing a wide range of products.

In general,core competencies make excellent strategies.

"I've never seen flavored marshmallows this size before!" Alice squealed as she emptied the shelves at the local grocery store.The rest of the shoppers would have to make do with the other seventy bags of miniature and standard-size marshmallows during this winter's hot chocolate festival.For Alice,the jumbo size feature is an order winner.

A business is defined by its structural and infrastructural elements.

The firm's targeted customers,time frames,and performance objectives are identified by their:

What are the three primary objectives of an operations and supply chain strategy?

Whether the product was made or service performed to specifications is a question of:

Describe the four stages of operations and supply chain alignment with business strategy.

The vision statement addresses a company's reason for existence,core values,and domain.

At the ________ stage of alignment,the business strategy seeks to exploit core competencies found within the operations and supply areas.

Which of these is NOT one of the primary objectives of an operations and supply chain strategy?