Exam 2: Operations Strategy and Competitiveness

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What are the two key components of the operations strategy of Federal Express?

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Rapid technological change includes the risk of ________________________ .

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Productivity is essentially:

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Suggest some core competencies that companies may have.

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Define "environmental scanning."

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Which of the following is a valid type of "productivity measure"?

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Operations Strategy is developed before the business strategy so the company knows what it will be producing before establishing a long range business strategy.

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A firm produces 1500 units per day using four workers on a five-hour shift.On average,12% of the units produced are defective and must be scrapped.What is the labor productivity for non-defective units?

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How have U.S.tobacco companies responded to public awareness of the dangers of smoking?

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If inputs increase by 30% and outputs increase by 15%,what is the percentage change in productivity?

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Suppose that in week 1 a company produced 1000 units using 60 labor hours.For which of the following values in week 2 would labor productivity decrease?

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For what entities can productivity be measured?

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What term describes the process of obtaining goods or services from an outside provider?

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A machine shop produces metal brackets on two different machines.Machine 1 can produce a bracket every 10 minutes.Machine 2 can produce a bracket every 4 minutes.What is the average productivity per machine?

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A manager has just replaced three workers with a machine that is cheaper to operate than the cost of the three replaced workers.Output is expected to remain the same.Which of the following is true?

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Which of the following is not considered one of the four broad categories of competitive priorities?

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A nation's productivity is not directly related to its standard of living.

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__________ ________ is used to improve the process of creating goods and services.

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Describe how Southwest Airlines competes on cost.

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Which of the following competitive priorities typically requires the use of more general-purpose equipment?

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