The importance of operations strategies was stimulated by ______.
a. loss of market share due to global competition
b. operations personnel making significant contributions to corporate strategy
c. the adoption of operations strategies worldwide
d. less emphasis being placed on marketing and finance functions
a. loss of market share due to global competition
You might also like to view...
Which of the following is a true statement regarding an exit-price accounting system?
a. It measures flexibility of the firm in terms of the amount of cash that would be realized from a forced liquidation of assets. b. It provides an excellent indicator of liquidity. c. It provides an estimate of the speed of conversion of a firm’s resources. d. It provides an estimate of the cash conversion value of a firm’s resources.
To perform break-even analysis, all of the following are needed except?
a. Expected level of production needed, based on forecasted sales b. Projected fixed and variable costs for each option c. Product quality value d. Expected sales price of the new product or service
Mature products with stable demand are usually the most difficult to forecast
Indicate whether the statement is true or false.
According to Wheelwright and Clark, which of the following project types breeds future commercial products, new systems, and novel services?
A) alliances and partnership projects B) breakthrough projects C) derivative projects D) basic research projects