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SCM 303 Exam 1 Questions And 100% Correct Answers Latest Update
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SCM 303 Exam 1 Questions And 100% Correct Answers Latest Update...
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SCM 303 Exam 1 Questions And 100% CorrectAnswers Latest Update
Corporate strategic planning addresses decisions about:
What businesses should we be in?
What specific product- and market-based initiatives and targets do we want to
establish?
What metrics should we use to control major strategic initiatives?
All of the above. ANSWER What businesses should we be in?
Functional strategic planning in addresses decisions about:
What businesses should we be in?
Specific product- and market-based initiatives and targets.
What metrics should be utilized to ensure progress in operations management?
-All of the above. - ANSWER Which of the following are the measures that need to be
used in order to ensure progress is being made in operations management?
A well-thought-out value proposition has four characteristics. Which one of the following
is not a characteristic of a well-thought-out value proposition?
-It offers the best product quality in all quality dimensions.
-It differentiates the firm from its competitors in some way that competitors cannot
easily imitate.
-It meets the financial and strategic objectives of the firm.
-It can be reliably delivered given the operational capabilities of the firm and its
, supporting supply chain. - ANSWER It offers the highest product quality in each quality
dimension.
Which of the following is most a suitable definition of an "order winner"?
- A product characteristic that causes customers to choose the product over that of a
competitor.
-A product characteristic that permits the product to compete in a market.
A product having the highest profit margin.
A product having the highest dollar sales volume. - ANSWER A product characteristic
that makes customers to prefer the product over that of a competitor.
Which of the following would be considered a "process-related" competitive priority?
Flexibility
Quality
Cost
All of these - ANSWER Flexibility
Xanadu Inc. believes that its manufacturing processes produce less greenhouse gas
than that of its key competitors. This suggests that Xanadu focuses on:
Risk management.
Sustainability.
Flexibility.
Profitability. - ANSWER Sustainability.
For the next question, choose the best response option.
Which of the following is NOT a key characteristic of a core capability:
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