Chapter 2 Flashcards
1
Q
Supply Chain Strategy focuses, in part, on
A
Purchasing and logistics
Customers
Information flow
All of the above
2
Q
A decision is made that suppliers will be chosen based on quality rather than cost. This is an example of which of the following?
A
Strategic decision
3
Q
The four elements that form the heart of operations strategy include
A
Mission, distinctive competence, objectives, and strategic decisions
4
Q
The business strategy can be derived from a firm’s distinctive competence that is difficult for competitors to copy or imitate.
A
True
5
Q
The operation objectives of quality, cost, delivery, and flexibility are:
A
Connected
