OPMA 3306 Exam 1 Review (updated)
questions n answers graded A+
A strategy that is designed to meet current needs without compromising the
ability of future generations to meet their needs. - correct answer ✔✔Sustainable
What are the three triple bottom line? - correct answer ✔✔Social, economic, and
environmental
It is probably most difficult to compete on this major competitive dimension. -
correct answer ✔✔Cost
Occurs when a company seeks to match what a competitor is doing while
maintaining its existing product. - correct answer ✔✔Straddling
A criterion that differentiates the product of one firm from another. - correct
answer ✔✔Order winner
A screening criterion that permits a firms products to be considered as possible
candidates for purchase. - correct answer ✔✔Order qualifier
A diagram showing the activities that support a company's strategies. - correct
answer ✔✔Activity system map
A measure calculated by taking the ratio of output to input. - correct answer
✔✔Productivity
questions n answers graded A+
A strategy that is designed to meet current needs without compromising the
ability of future generations to meet their needs. - correct answer ✔✔Sustainable
What are the three triple bottom line? - correct answer ✔✔Social, economic, and
environmental
It is probably most difficult to compete on this major competitive dimension. -
correct answer ✔✔Cost
Occurs when a company seeks to match what a competitor is doing while
maintaining its existing product. - correct answer ✔✔Straddling
A criterion that differentiates the product of one firm from another. - correct
answer ✔✔Order winner
A screening criterion that permits a firms products to be considered as possible
candidates for purchase. - correct answer ✔✔Order qualifier
A diagram showing the activities that support a company's strategies. - correct
answer ✔✔Activity system map
A measure calculated by taking the ratio of output to input. - correct answer
✔✔Productivity
