All Chapters: Solution Manual for Supply Chain Management,Strategy, Planning, and Operation 7th Edition By Sunil Chopra

SOLUTION MANUAL




SOLUTION MANUAL
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,Supply Chain Management: Strategy, Planning, and Operation, 7e (Chopra)


2.1 True/False Questions


1) A company's competitive strategy defines the set of customer needs that it seeks to satisfy
through its products and services.
Answer: TRUE Diff: 1
Topic: 2.1: Competitive and Supply Chain Strategies
AACSB: Application of knowledge
Objective: LO 2.1: Explain why achieving strategic fit is critical to a company's overall success.


2) The value chain emphasizes the close relationship between all the functional strategies within a
company.
Answer: TRUE Diff: 2
Topic: 2.1: Competitive and Supply Chain Strategies
AACSB: Application of knowledge
Objective: LO 2.1: Explain why achieving strategic fit is critical to a company's overall success.


3) A company's product development strategy defines the set of customer needs that it seeks to
satisfy through its products and services.
Answer: FALSE Diff: 2
Topic: 2.1: Competitive and Supply Chain Strategies
AACSB: Application of knowledge
Objective: LO 2.1: Explain why achieving strategic fit is critical to a company's overall success.


4) A company's product development strategy specifies the portfolio of new products that it will
try to develop.
Answer: TRUE Diff: 1
Topic: 2.1: Competitive and Supply Chain Strategies
AACSB: Application of knowledge
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,Objective: LO 2.1: Explain why achieving strategic fit is critical to a company's overall success.


5) Supply chain strategy specifies what the operations, distribution, and service functions, whether
performed in-house or outsourced, should do particularly well.
Answer: TRUE Diff: 1
Topic: 2.1: Competitive and Supply Chain Strategies
AACSB: Application of knowledge
Objective: LO 2.1: Explain why achieving strategic fit is critical to a company's overall success.




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6) A company's supply chain strategy determines the nature of procurement and transportation of
materials as well as the manufacture and distribution of the product.
Answer: TRUE Diff: 1
Topic: 2.1: Competitive and Supply Chain Strategies
AACSB: Application of knowledge
Objective: LO 2.1: Explain why achieving strategic fit is critical to a company's overall success.


7) The degree of supply chain responsiveness should be consistent with the implied uncertainty.
Answer: TRUE
Diff: 1
Topic: 2.2: How is Strategic Fit Achieved? AACSB: Application of knowledge
Objective: LO 2.2: Describe how a company achieves strategic fit between its supply chain
strategy and its competitive strategy.


8) To achieve complete strategic fit, a firm must ensure that all functions in the value chain have
diverse strategies that support functional goals.
Answer: FALSE Diff: 2
Topic: 2.2: How is Strategic Fit Achieved? AACSB: Application of knowledge
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, Objective: LO 2.2: Describe how a company achieves strategic fit between its supply chain
strategy and its competitive strategy.


9) Because demand and supply characteristics change, the supply chain strategy must change over
the product life cycle if a company is to continue achieving strategic fit.
Answer: TRUE Diff: 1
Topic: 2.2: How is Strategic Fit Achieved? AACSB: Application of knowledge
Objective: LO 2.2: Describe how a company achieves strategic fit between its supply chain
strategy and its competitive strategy.


10) To retain strategic fit, supply chain strategy must be adjusted over the life cycle of a product
and as the competitive landscape changes.
Answer: TRUE Diff: 2
Topic: 2.2: How is Strategic Fit Achieved? AACSB: Application of knowledge
Objective: LO 2.2: Describe how a company achieves strategic fit between its supply chain
strategy and its competitive strategy.




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