What is the term that emphasizes how a factory's capabilities could be used strategically to gain advantage over a competing company?
A) Manufacturing strategy
B) Just-in-time
C) Total quality control
D) Lean manufacturing
E) Total quality management

Question

Quizplus · Accepted Answer

The term that emphasizes how a factory's capabilities could be used strategically to gain advantage over a competing company is manufacturing strategy. It is the overall plan for using production resources to create a product or service, taking into account decisions about quality, cost, flexibility, and speed. By developing a strong manufacturing strategy, a company can effectively utilize its factory's capabilities to gain a competitive advantage. Just-in-time, total quality control, lean manufacturing, and total quality management are all related concepts but do not specifically address strategic advantage in manufacturing.

What Is the Term That Emphasizes How a Factory's Capabilities