Chapter 4 SCM 352 Flashcards
_______ denotes a firm’s ability to achieve market and financial superiority over its competitors.
COMPETITIVE ADVANTAGE
Basic customer expectations are generally considered the minimum performance level required to stay in business and are often called ________.
ORDER QUALIFIERS
__________ are goods and service features and performance characteristics that differentiate one customer benefit package from another, and win the customer’s business.
ORDER WINNERS
______ are those that a customer can determine prior to purchasing the goods and/ or services.
SEARCH ATTRIBUTES
Examples of serarch attributes are.
COLOR, PRICE, FRESHNESS, STYLE, FIT, FEEL, HARDNESS, SMELL
______ are those that can be discerned only after purchase or during consumption or use.
EXPERIENCE ATTRIBUTES
Examples of experience attributes are _____.
TASTE, WEARABILITY, SAFETY, FUN, AND CUSTOEMR SATISFACTION.
______ are ay aspects of a good or service that the customer must believe in, but cannot personally evaluate even after purchase and consumption.
CREDENCE ATTRIBUTES
Examples of credence attributes are _____.
EXPERTISE OF A SURGEON OR MECHANIC, THE KNOWLEDGE OF A TAX ADVISOR, OR THE ACCURACY OF TAX PREPERATION SOFTWARE.
_____ represent the strategic emphasis that a firm places on certain performance measures and operational capabilities within a value chain.
COMPETITIVE PRIORITIES
In general what five key competitive priorities can organizations compete on?
- COST
- QUALITY
- TIME
- FLEXIBILITY
- INNOVATION
_____ is being able to make whatever goods and services the customer wants, at any volume, at any tie for anybody, and for a global organization, from any place in the world.
MASS COMMUNICATION
_____ is the discover of practical application or commercialization of a device, method, or idea that differs from existing norms.
INNOVATION
_____ is a patern or plan that intergrates an organizatin’s major goals, policies, and action sequences into a cohesive whole.
STRATEGY
______ are the strengths that are unique to an organization
CORE COMPENTENCIES