When a company pursues a(n) _______________ strategy, it is important to have people that are ______________.

Select one:

a. Differentiation, superior process engineers

b. Overall Cost Leadership, superior process engineers

c. Overall Cost Leadership, creative

Generally companies try to use a common production system to provide a variety of customer requirements in order to _______________

Select one:

a. Spread the overhead cost

b. Reduce lead time

c. Improve quality

d. None of the above

In the BCG Matrix, revenues from the units classified as _________ should be used to fund other units

Select one:

a. Dogs

b. Wild cats

c. None of the above

If a company uses batch production it will necessarily use a process layout

Select one:

a. False

b. True

When a company pursues _______________ strategy, it is important to have a product design that is easy to manufacture and assemble (Fill in the blank)

Select one:

a. Overall Cost Leadership

b. Differentiation

The _____________ production system has the highest flexibility among the common production systems discussed in class

Select one:

a. Line production

b. Job shop

c. Continuous production

Experience curves are more important in ___________ (Fill in the blank)

Select one:

a. The Overall Cost Leadership Strategy

b. The Differentiation Strategy

As per the BCG Matrix, which of the following represents the introductory phase?

Select one:

a. Wildcat

b. Cash cow

c. Star