Question 1

Business strategy can be derived from a firm's distinctive competence that is difficult for competitors to copy or imitate.

Accepted Answer

The arrow between business strategy and operations strategy goes both ways, indicating that business strategy can be influenced by a distinctive competence.

Question 2

A corporate strategy drives the business strategy,which in turn drives the operations strategy in an organization.

Accepted Answer

Corporate strategy is the overarching plan that guides the organization's goals and objectives. It influences the business strategy, which outlines how the organization will achieve its goals, and then the operations strategy, which focuses on the day-to-day activities needed to carry out the business strategy.

Question 3

Which of the following would NOT be examined in a sustainable operations initiative?
A) New product development
B) Packaging
C) Services
D) All of these would be examined.

Accepted Answer

The answer of Which of the following would NOT be...

Question 4

What are five focused initiatives with which a company should start its sustainability journey?

Accepted Answer

The answer of What are five focused initiatives with which...

Question 5

Think of an example of any manufacturing (e.g.,3M)or service (e.g.,Southwest Airlines)firm.Briefly discuss in your own words the operations mission,order winner,order qualifiers,and distinctive competence of the chosen firm(s).

Accepted Answer

The answer of Think of an example of any manufacturing...

Question 6

McDonald's distinctive competence has changed over time from continuous improvement of the transformation system and brand to the unique service and supply chain transformation system.

Accepted Answer

McDonald's continues to be focused on its processes and brand, and has not shifted focus to creating a unique service.

Question 7

Imitative products have low profit margins and predictable demand.

Accepted Answer

True, and innovative products have higher margins and less predictable demand

Question 8

How do operations strategic decisions differ for a product imitator strategy versus a product innovator strategy?

Accepted Answer

The answer of How do operations strategic decisions differ for...

Quiz 2: Operations and Supply Chain Strategy