Facilities Management Strategy
16 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is a primary benefit of improving supply chain management in the context of globalization?

  • Reducing costs such as labor, taxes, and tariffs (correct)
  • Attracting and retaining local talent
  • Developing a competitive maintenance strategy
  • Enhancing inventory management through advanced scheduling

    • What is the primary purpose of a mission statement in an organizational context?

  • To determine the organization's scheduling approach
  • To outline the organization's competitive advantage
  • To define the organization's direction and goals (correct)
  • To define the organization's maintenance strategy

    • Which company is known for its efficient utilization of equipment?

  • Walmart
  • Johnson Electric
  • Hewlett-Packard
  • Southwest Airlines (correct)

    • Which of the following is an intangible reason to globalize?

    <p>Understanding markets and learning to improve operations</p> Signup and view all the answers

    What is the primary role of a strategy in an organizational context?

    <p>To provide a roadmap for achieving the organization's mission</p> Signup and view all the answers

    What is a key aspect of competing on response?

    <p>Flexibility in design innovation</p> Signup and view all the answers

    What is a key benefit of attracting and retaining global talent in the context of globalization?

    <p>Gaining a competitive advantage through knowledge and expertise</p> Signup and view all the answers

    Which of the following is a current challenge in Operations Management?

    <p>Supply-chain partnering</p> Signup and view all the answers

    What is a key benefit of competing on response?

    <p>Increasing flexibility in design innovation</p> Signup and view all the answers

    Which company is known for its reliability in meeting schedules?

    <p>German machine industry</p> Signup and view all the answers

    What is the primary goal of preventive maintenance and prompt repair of facilities and equipment?

    <p>To achieve high utilization of facilities and equipment</p> Signup and view all the answers

    Which type of competitive strategy involves providing unique products or services that differentiate a company from its competitors?

    <p>Differentiation</p> Signup and view all the answers

    What is the primary objective of competing on cost?

    <p>To provide the maximum value as perceived by the customer</p> Signup and view all the answers

    Which of the following is NOT a type of competitive strategy?

    <p>Market orientation</p> Signup and view all the answers

    What is the purpose of a maintenance strategy in supply chain management?

    <p>To achieve high utilization of facilities and equipment</p> Signup and view all the answers

    Which of the following companies is an example of a company that competes on differentiation through its unique experience?

    <p>Walt Disney Magic Kingdom</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser