Strategic Management Review/Quiz

Actually a part of the above three process & concerns with stakeholder involvement & satisfaction.

The decision by a firm to accentuate on performance over another.

To project activities, and to meet the project requirements.

To combine high volume, as in mass production, with adapt products to meet the requirements of individual customers.

Project manager will have to make decisions on what equipment is needed, who will use it, and for what length of time.

Refers to the creation of an independent project team.

is a concise document that outlines the key features that lead to a project achieving ita goal.

This phase process by people produce goods in low volume,a high degree of variety,to meet the requirements of customers.

Firms (small firms) focus on separate parts of value-adding process and collaborate between networks to produce products

The ability to produce whatever value the customer needs.

It is identifying labor drivers and creating a model for determining task times and frequences.

The ability to produce a wide range of products or services(variety).

Justifies the project in terms of need & relevance by determing the specific objectives of the project.

Rigid and structured approach to project planning, detqiling rigorous and formalized roles.

Straddling is an effort by one manufacturer to copy the activities or the features of another org or its product.

Concept where different locations within the facility are allocated to diff. product lines, each with their own strategy

A successful project manager must effectively manage the resources assigned to the project.

It focuses on the elimination of all forms of waste from a production system.

is a team effort and is the culmination of multiple inputs and perspective for the given project.

is an integrated, systematic process that project managers can adapt and apply to any type of project, large or small.

Refers to how quickly the operations or supply chain function can fulfill a need once it has been identified.

Adopts a top-down approach to project planning by identifying the activities in a project

Aim to divide a complex project for which is different to create a schedule into individual tasks

Elucidates who executes the specific tasks, timeline of implementation& risk management.

Criteria that situate a company's products in consideration for purchase.

Recognizes five basic process groups and ten knowledge area typical of almost all project.

The developer of the moving assembly line is _________.

Requires organizing people and resources, dealing with uncertainty and risk to execute the project systematically.

In this phase the system of standardized and interchangeable parts.

Defined as the characteristics of a product or service that bear on its ability to satisfy stated or implied needs.

Refers to ability to manufacture a product.

Refers to a number of different aspects of an organizations operations

It has radically altered the way operations managers carry out day-to-day activities.

Involves decisions that related to the specifications and design of the product and service...

No matter what industry for every project that needs to be completed, manager will require a certain amount of materials

The foundation of any strategy map.

Considers how quickly operations and supply chains can respond to the unique needs of customers.

Exists when value chain or different business are related.

They have responsibilities that extend beyond management of assets, costs and human resources in the transform process.

Functional managers have greater powers than project managers.

Several things go into managing people effectively.

is to be managed in the current organization hierarchical structure.

A third-order fit goes beyond activity reinforcement is called

looks into deliverables by ensuring the effective use of available resources.

Success of a project

Project managers have greater powers than functional managers.

Designed to identify the project organization chart.