Question 1

Operations and supply strategy can be viewed as part of a planning process that coordinates operational goals with those of the larger organization.

Accepted Answer

Operations and supply strategy is an integral part of the planning process that aligns operational goals with the broader objectives of the organization. This alignment ensures that the operations and supply chain functions support the overall business strategy and contribute to the success of the organization.

Question 2

The job of operations and supply chain strategy is to deliver the most feature-rich,highest quality product at the lowest
price within specified parameters of delivery time and customization.

Accepted Answer

False

Question 3

Productivity is a relative measure.

Accepted Answer

Productivity is a measure of the efficiency of production, but it can only be compared within similar industries, companies, or individuals, making it a relative measure.

Question 4

One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed.

Accepted Answer

Delivery speed is indeed a competitive dimension that companies consider when planning their strategies. It refers to the time it takes for a company to deliver their products or services to customers. A company with faster delivery speed can gain a competitive advantage over their competitors by satisfying their customers' expectations for timely delivery.

Question 5

An operations and supply chain strategy must be integrated with the organization's corporate strategy.

Accepted Answer

An operations and supply chain strategy is an important part of an organization's overall corporate strategy and should be developed and aligned with it. The two strategies must work together to achieve the organization's goals and objectives.

Question 6

An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase.

Accepted Answer

An order winner is a characteristic that differentiates a product or service from its competitors, making it a primary reason why customers choose it over others, not just a set of screening criteria for consideration.

Question 7

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features,services,and technologies into its current portfolio is called flexibility.

Accepted Answer

The process described in the statement is actually called diversification, not flexibility.

Question 8

By following a straddling strategy,firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success.

Accepted Answer

Straddling strategy involves trying to simultaneously meet the demands of multiple market segments with different requirements, which can lead to a lack of focus and reduced efficiency. This makes it difficult to compete effectively with more focused firms in markets requiring low cost for success.

Question 9

Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems

Accepted Answer

Infrastructure decisions within operations strategy include the selection of the logic associated with the planning and control systems along with other factors like technology, facilities, and workforce management.

Question 10

Activity-system maps show how a company's strategy is delivered through a set of tailored activities.

Accepted Answer

Activity-system maps are visual representations that illustrate how a company's strategy is executed through a set of interconnected activities. This helps companies to see how their resources, processes, and capabilities are aligned to deliver their desired outcomes. By mapping out the activities and interactions between them, the organization can identify inefficiencies, redundancies, or gaps in their strategy, and optimize their operations to improve performance.

Question 11

An order qualifier is a set of screening criteria that permits a firm's products to be considered as possible candidates
for purchase.

Accepted Answer

An order qualifier is indeed a set of screening criteria that allows a firm's products to be considered as possible candidates for purchase.

Question 12

One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off.

Accepted Answer

The answer of One of the competitive dimensions that form...

Question 13

The process when a company seeks to match the benefits of a successful position while maintaining its existing position
by adding new features,services,and technologies into its current portfolio it is called straddling.

Accepted Answer

Straddling involves adding new features, services, and technologies into a company's current portfolio in order to match the benefits of a successful position while maintaining its existing position.

Question 14

Infrastructure decisions within operations strategy include the selection of the appropriate technology,the role of
inventory,and the location of facilities.

Accepted Answer

The answer of Infrastructure decisions within operations strategy include the...

Question 15

Activity-system maps are useful in understanding how well a system of activities fits the overall company's strategy.

Accepted Answer

Activity-system maps help to visually represent the interactions between different activities within a system and how they contribute to achieving a company's strategic goals. By analyzing the alignment between the activities and strategy, areas for improvement or restructuring can be identified.

Question 16

An order winner is a set of criteria that differentiates the products or services of one firm from another.

Accepted Answer

An order winner is a unique feature or set of features that make a product or service more desirable to customers and sets it apart from competitors. This differentiation can include factors such as quality, price, delivery time, innovation, design, or customer service.

Question 17

Activity-system maps depict the geographic reach of a company's business strategies.

Accepted Answer

Activity-system maps depict the interconnected and interdependent activities within a company's business strategies, but do not necessarily depict the geographic reach.

Question 18

Once an operations strategy is adopted and articulated,the primary emphasis becomes perfecting the system of activities that make up the strategy through detailed refinements over a long period of time.

Accepted Answer

The answer of Once an operations strategy is adopted and...

Question 19

An operations strategy must resist change because of the long term nature of equipment and personnel investments.

Accepted Answer

An operations strategy must be able to adapt and change in response to market, technological, and other environmental changes. Resisting change could lead to becoming obsolete or losing competitiveness. While long-term investments in equipment and personnel are important considerations, a good operations strategy should still be flexible enough to adjust to changing needs and circumstances.

Question 20

One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost.

Accepted Answer

Cost is indeed one of the competitive dimensions that companies consider when formulating their strategies. This involves determining ways to reduce costs while maintaining or increasing the quality of products or services offered, thus improving the company's overall competitive position.

Quiz 2: Strategy and Sustainability