Podcast
Questions and Answers
What is the primary objective of process strategy?
What is the primary objective of process strategy?
- Increasing market share
- Meeting customer requirements within constraints (correct)
- Reducing production flexibility
- Maximizing profits
Which of the following is NOT one of the four basic process strategies mentioned?
Which of the following is NOT one of the four basic process strategies mentioned?
- Service focus (correct)
- Process focus
- Repetitive focus
- Mass customization
What is the key consideration when implementing a process strategy?
What is the key consideration when implementing a process strategy?
- Meeting cost and managerial goals (correct)
- Reducing customer requirements
- Maximizing production flexibility
- Ignoring long-term effects
Which process strategy emphasizes the production of large volumes of a standardized product?
Which process strategy emphasizes the production of large volumes of a standardized product?
What is a characteristic of facilities in a process-focused environment?
What is a characteristic of facilities in a process-focused environment?