Effiency

Match the term with the best definition:

Operations and supply chain The setting of broad policies and plans that will guide the use of the resources needed by the firm to implement its corporate strategy. Operations effectiveness Performing activities in a manner that best implements strategic priorities at minimum cost. Make the Product or Deliver the Service Cheaply! Cost or Price Competition Make a Great Product or Deliver a Great Service! Make the Product or Deliver the Service Quickly! Deliver It When Promised! Change Its Volume! Change It! Support It! One or more specific marketing- oriented dimensions that clearly differentiate a product from competing products. Dimensions used to screen a product or service as a candidate for purchase. The likelihood of a disruption that would impact the ability of a company to continuously supply products or services. A measure of how well resources are used. When a firm seeks to match what a competitor is doing by adding new features, services, or technologies to existing activities. This often creates problems if trade-offs need to be made