Which of the following OM decisions determines how a good or service is produced and commits management to specific​ technology, quality, human​ resources, and capital​ investment?
  • process and capacity design
  • innovation
  • long production runs
  • Potential creation of future competition
Competing on cost is
  • ​strengths, opportunities,​ weaknesses, and threats.
  • supply chains
  • achieving maximum value as perceived by the customer.
  • inputs decrease while outputs remain the same
A set of​ skills, talents, and capabilities in which a firm is particularly strong is referred to as
  • core competencies
  • a supply chain
  • innovation
  • long production runs
Which appears to provide the best opportunity for increases in​ productivity?
  • long production runs
  • innovation
  • Management
  • operations
A global network of organizations and activities that supply a firm with goods and services is referred to as
  • supply chains
  • core competencies
  • long production runs
  • a supply chain
The creation of goods and services is referred to​ as:
  • competitive advantage.
  • production
  • operations
  • innovation
A large percentage of the revenue of most firms is spent on which​ function?
  • Management
  • innovation
  • operations
  • services
Which of the following is NOT an OM​ strategy/issue during the introduction stage of the product life​ cycle?
  • core competencies
  • innovation
  • process and capacity design
  • long production runs
Which of the following is NOT one of the three strategic approaches to competitive​ advantage?
  • long production runs
  • innovation
  • operations
  • Management
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