Peregrine - Operations/Productions Management - Section Review Exam Questions With 100% Verified Answers

Peregrine - Operations/Productions Management - Section Review Exam Questions With 100% Verified Answers Match the strategy focus to its descriptor A. Responsiveness B. Efficiency Seeks to compete on lower cost Seeks to compete on speed of delivery - answerA. Responsiveness: Seeks to compete on speed of delivery B. Efficiency: Seeks to compete on lower cost Business strategy is made up of three groups of strategy - answerMarketing strategy: price, product, place, promotion Operations strategy: cost, quality, delivery, flexibility Financial strategy: inventory, financing, financial management of ongoing operations The ____________________ links a set of multiple organizations in a structured fashion - answersupply chain ______________ is defined as the ability of a product (a good or a service) to consistently meet or exceed customer expectations. - answerQuality Match the cost to its descriptor A. Prevention costs B. Internal failure cost