Question: A process strategy is an organization's approach to transform resources into goods and services, in order to achieve its competitive advantages, given requirements imposed by

  1. A process strategy is an organization's approach to transform resources into goods and services, in order to achieve its competitive advantages, given requirements imposed by customer requirements, cost, and other managerial constraints. Which of the following statements is not true about the four process strategies?
    1. Process Focus is process strategy for low-volume, high-variety products.
    2. Product Focus and mass customization are appropriate process strategies for high volume productions.
    3. Inventory is low for process strategies with high level customization.
    4. Scheduling is complex for process strategies with high level customization.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Diagnostic Change Models 1) Leavitt's Model (1965) 2) Weisbord's Six-Box Model (1976) 3) Congruence Model for Organization Analysis (1977) 4) McKinsley 7-S Model (1982) 4) Tichy's Technical Political...

Q:

Badminton Construction Project Feasibility study on badminton court is essential before planning to construct one because badminton is one of the most popular racket sports today, and its needs are...

Q:

PRINTED BY: smj@staceymjohnson.com. Printing is for personal, private use only. No part of this book may be reproduced or transmitted without publisher's prior permission. Violators will be...

Q:

Chapter 9 Compensation and Incentives Diane Bigda/Photodisc/Getty Images Learning Objectives After reading this chapter, you should be able to do the following: Discuss various psychological...

Q:

Please provide answers only, no explanation is necessary. Make sure answer go with question # and part (i.e. 1a, 1b, 1c, etc...). MAKE FORMAT EASY TO READ. 1. 1. Control in Organizations Control in...

Q:

A process strategy is an organization's approach to transform resources into goods and services, in order to achieve its competitive advantages, given requirements imposed by customer requirements,...

Q:

please summerize this chapter Assignments Next, calculate the period's quarterly average and the sono index. In the seasonal index, you will clearly see the variations in sales during the periods...

Q:

JBR-07575; No of Pages 12 Journal of Business Research xxx (2012) xxx-xxx Contents lists available at SciVerse ScienceDirect Journal of Business Research Organizational innovation as an enabler of...

Q:

The internal environment includes: (1 Point) customers and suppliers. government and social issues. legal and political factors. competitors and the economy. culture and climate. 2.Which of the...

Q:

McDonald's is one of the world's most popular and successful fast-food restaurants worldwide. The company has a long and storied history, where its business model is widely studied and imitated....

Q:

Bailey's Gold Mines Inc. (BGMI) purchases a piece of land for the purpose of developing a gold mine. BGMI is legally required to remove all structures and convert the mine site to a wildlife...

Q:

Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of...

Q:

The "ddate" field represents the date of the value balance. Because it is not in a date format, use the DATE function to transform it into date format in column L of sheet "num

Q:

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...