SCM 301 Chapter Knowledge Check Questions Complete Questions and Answers A+
_______________ transform product specifications and new process technology into a new or revised
production system.
A. New process design and development projects
B. New product design and development projects
C. Concurrent engineering projects
D. Operations management projects - (answer)A. New process design and development projects
Fast innovators typically gain which advantages?
A. They produce a more continuous stream of new product introductions that create a greater and more
constant market awareness of their brands.
They have fewer problems in launching new products and fewer failures in the marketplace.
C. They can sell at lower prices or lower the total sales needed for a new product to pay back its initial
development costs.
D. All of these. - (answer)A. They produce a more continuous stream of new product introductions that
create a greater and more constant market awareness of their brands.
High-quality innovators typically gain which advantages?
A. They can fund more new design and development projects than other firms.
B. They satisfy customers more effectively, building strong brand image and customer loyalty.
, SCM 301 Chapter Knowledge Check Questions Complete Questions and Answers A+
C. They can sell at lower prices or lower the total sales needed for a new product to pay back itsinitial
development costs.
D. None of these. - (answer)B. They satisfy customers more effectively, building strong brand image and
customer loyalty.
Acton Corporation has identified a way to combine several existing technologies into a new product.
A. This is most likely to have occurred in a:Research and advanced development project.
B. Radical breakthrough development project.
C. Next generation or platform development project.
D. Enhancement development project. - (answer)C. Next generation or platform development project.
An advantage of "early supplier involvement" is that it:
A. Generally leads to higher-quality products.
B. Decreases time to launch new products.
C. Avoids supply problems once the product is launched.
D. All of these. - (answer)D. All of these.
_______________ transform product specifications and new process technology into a new or revised
production system.
A. New process design and development projects
B. New product design and development projects
C. Concurrent engineering projects
D. Operations management projects - (answer)A. New process design and development projects
Fast innovators typically gain which advantages?
A. They produce a more continuous stream of new product introductions that create a greater and more
constant market awareness of their brands.
They have fewer problems in launching new products and fewer failures in the marketplace.
C. They can sell at lower prices or lower the total sales needed for a new product to pay back its initial
development costs.
D. All of these. - (answer)A. They produce a more continuous stream of new product introductions that
create a greater and more constant market awareness of their brands.
High-quality innovators typically gain which advantages?
A. They can fund more new design and development projects than other firms.
B. They satisfy customers more effectively, building strong brand image and customer loyalty.
, SCM 301 Chapter Knowledge Check Questions Complete Questions and Answers A+
C. They can sell at lower prices or lower the total sales needed for a new product to pay back itsinitial
development costs.
D. None of these. - (answer)B. They satisfy customers more effectively, building strong brand image and
customer loyalty.
Acton Corporation has identified a way to combine several existing technologies into a new product.
A. This is most likely to have occurred in a:Research and advanced development project.
B. Radical breakthrough development project.
C. Next generation or platform development project.
D. Enhancement development project. - (answer)C. Next generation or platform development project.
An advantage of "early supplier involvement" is that it:
A. Generally leads to higher-quality products.
B. Decreases time to launch new products.
C. Avoids supply problems once the product is launched.
D. All of these. - (answer)D. All of these.
