lOMoARcPSD|59658805
Supply Chain Management, 6e (Chopra Meindl) Chapter 2
Supply Chain Performance Achieving Strategic Fit and Scope
Introduction to business management (University of Oxford)
Scan to open on Studocu
Studocu is not sponsored or endorsed by any college or university
Downloaded by olinder seth ()
, lOMoARcPSD|59658805
Supply Chain Management, 6e (Chopra/Meindl)
Chapter 2 Supply Chain Performance: Achieving Strategic Fit and Scope
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
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.
1
Copyright © 2016 Pearson Education, Inc.
Downloaded by olinder seth ()
, lOMoARcPSD|59658805
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 Achieving Strategic Fit
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 Achieving Strategic Fit
AACSB: Application of knowledge
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 Achieving Strategic Fit
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 Achieving Strategic Fit
AACSB: Application of knowledge
Objective: LO 2.2: Describe how a company achieves strategic fit between its supply chain
strategy and its competitive strategy.
2
Copyright © 2016 Pearson Education, Inc.
Downloaded by olinder seth ()
Supply Chain Management, 6e (Chopra Meindl) Chapter 2
Supply Chain Performance Achieving Strategic Fit and Scope
Introduction to business management (University of Oxford)
Scan to open on Studocu
Studocu is not sponsored or endorsed by any college or university
Downloaded by olinder seth ()
, lOMoARcPSD|59658805
Supply Chain Management, 6e (Chopra/Meindl)
Chapter 2 Supply Chain Performance: Achieving Strategic Fit and Scope
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
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.
1
Copyright © 2016 Pearson Education, Inc.
Downloaded by olinder seth ()
, lOMoARcPSD|59658805
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 Achieving Strategic Fit
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 Achieving Strategic Fit
AACSB: Application of knowledge
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 Achieving Strategic Fit
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 Achieving Strategic Fit
AACSB: Application of knowledge
Objective: LO 2.2: Describe how a company achieves strategic fit between its supply chain
strategy and its competitive strategy.
2
Copyright © 2016 Pearson Education, Inc.
Downloaded by olinder seth ()
