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CPIM 2, 7.0 Module 1, Sect D - F Flashcards | StudBud
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CPIM 2, 7.0 Module 1, Sect D - F
CPIM 2, 7.0 Module 1, Sect D - F
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1
A strategy built from the business strategy for various business functions such as finance, marketing, and production.”
Functional Strategy
Business strategy
Corporate Strategy
Operations Strategy
2
Which is a type of manufacturing process used for large, unique items or structures that require custom design?
Line
Project
Batch
Job shop
3
Which are key areas in Operational Strategy? (check all that apply)
Supply Network
Capacity analysis
Marketing Strategy
Technolgy analysis
4
A Dual Operating System adds a nontraditional structure to the existing structure to achieve entrepreneurial energy
False
True
5
“How profits change with various levels of output and selling price” describes:
Plan-Do-Check-Act
Return on Investment
Cash-to-cash
Cost-Volume-Profit (CVP) Analysis
6
Which of Porter's generic strategies aims to compete by offering equal value but at a lower price?
Differentiation
Focus low cost
Focused differentiation
Low-cost provider
7
According Porter's Focus Strategy, the organization will aim to appeal to a broad segment of the market.
False
True
8
In a continuous manufacturing environment, process technology would likely include all except:
Disconnected technology
A few larger units
Reliance on automation and robots
Integrated technology
9
All are true of Operations Strategy except:
Longer time frame
Higher level of focus
Narrow perspective
Broader perspective