Competitive priorities - Study guides, Class notes & Summaries

MGSC 395 Midterm Exam Questions with complete solution 2024/2025Operations Management - correct answer the processes that effectively produce, transform, and deliver a product or service Operations Strategy - correct answer cost, quality, delivery, flexibility companies determine what they want to provide their customers and then design and manage supply chain and operations as a customer driven firm competitive priorities - correct answer the critical dimensions that a operati...

BMAL-590 FOUNDATIONS OF OPERATIONS/PRODUCTION MANAGEMENT EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ Operations and Supply Chain Strategies Organizations will seek a strategy that focuses on either efficiency or responsiveness in their operations and supply chain An organization that is focused on efficiency as a strategy is seeking to compete on lower cost, while an organization focused on a responsiveness strategy is seeking to compete on speed of delivery. Both strat...

RSC III Exam Questions and Answers 100% Pass In most cases, mentoring is based on the mentor's agenda. True or False - Answer- False What is the most effective style of listening? - Answer- ·Active What conflict style is this person exhibiting: Compromising, Accommodating, or Competitive? Karen encourages each team leader to give up something from their team budgets to pay for a training consultant she has found. This way everyone is equally inconvenienced. That is what seems fair to h...

Supply Chain Management - Answer-the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it - Answer-SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility - Answer-Competitive Priorities value (what i get/price) - Answer-customers perspective productivity (what i make/cost) - Answer-organization perspective 1. Procurement 2. Operations 3. Logistics - Answer-SCM Key Components Procurement (buy it) - Answer-process ...

WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+) Three essential drivers that must be achieved to generate positive characteristics in project teams *** Cohesiveness, Trust, Motivation The five stages Dr. Bruce Tuckman (1965) introduced of group development *** Forming, Storming, Norming, Performing, Adjorning Forming *** In this stage, team members may be meeting for the first time. Often, no one really knows much about anyone else on the team. It may be prematur...

Strategy : the means by which individuals or organizations achieve their objectives tactic : a scheme for a specific action corporate planning : sets goals and objectives, forecasts key economic trends (including market demand, market share, revenue, costs, and margins), established priorities for different products and business areas of the firm, and allocated capital expenditures Strategic Management : associated with increasing focus on competition as the central characteristic of ...

MGSC 395 Questions With Solutions What are core competencies? Unique strengths already possessed by the firm: workforce, location, distribution and financial knowhow and technology/analytics What are competitive capabilities and competitive priorities? Competitive capabilities - ACTUAL positioning achieved by the firm (lowest cost, highest quality, delivery speed, etc.) Competitive priorities - how am I going to differentiate myself in the market? DESIRED positioning of the firm (lowest ...

A credit card-processing firm would be likely to list the following competitive priorities for its external customers: A. Concurrent engineering B. Mass customization C. Consistent quality D. Postponement : c Which of the following events from the twentieth century defines the history of operations and supply chain management? A. The invention of the assembly line for the Model T car by Henry Ford. 2 | P a g e B. Alfred Sloan's introduction of strategic planning for achievin...

SCM 300 DAVILA ASU Arizona State University - Questions with complete solution Supply Chain Management - correct answer the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it - correct answer SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility - correct answer Competitive Priorities value (what i get/price) - correct answer customers perspective productivity (what i make/cost) - correct answer organizatio...

BUSA 1105 FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT Equity Theory - Answer- Based on perceptions of fairness The idea that people won't be motivated if they believe that the relationship between what they contribute and what they earn is different from another. Seek to make their employees productive and engaged rather than happy Emphasize the health and well-being of their employees Provide generous sabbaticals to their long-serving employees - Answer- Companies Job Enrichmen...