Strategy
True / False Questions 1.
An operations and supply chain strategy must be integrated with the organization's corporate strategy. True False 2.
One of the competitive dimensions that form the competitive position of a company when planning its strategies is cost. True False 3.
One of the competitive dimensions that form the competitive position of a company when planning its strategies is delivery speed. True False 4.
One of the competitive dimensions that form the competitive position of a company when planning its strategies is making the best trade-off. True False 5.
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. True False 6.
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. True False 7.
By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success. True False 8.
An order winner is a set of criteria that differentiates the products or services of one firm from another. True False 9.
An order winner is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase. True False 10.
An order qualifier is a set of screening criteria that permits a firm's products to be considered as possible candidates for purchase. True False 11.
Activity-system maps show how a company's strategy is delivered through a set of tailored activities. True False 12.
Activity-system maps are useful in understanding how well a