What are principles of strategic revolution?I) Planning must be different than strategizingII) Planning is about programming, strategizing is about discoveryIII) Planning is for technocratsIV. Strategizing is for dreamers
Answer(s): B
Principles of a strategic revolution1. The bottleneck is at the top of the bottle2. Strategic planning isn’t strategic3. Strategy planning must be subversive4. Planning must be different than strategizing5. Planning is about programming, strategizing is about discovery6. Planning is for technocrats7. Strategizing is for dreamers
When a provider is targeting to provide extra special attributes that satisfy niche needs and cost is not the key factor. Which of the 5 generic competitive advantages identified by the text "Crafting and Executing Strategy" by Thompson, Strikland and Gamble would be described?
Answer(s): A
When a provider is targeting to provide extra special attributes that satisfy niche needs and cost is not the key factor is called focused differentiation
According to Davis- what are the biggest problems of major implementations?I) Not a strong project managerII) Conflicting interpretations of business goalsIII) Uncoordinated choosing and implementation of changes
2 biggest problems of major implementation Davis1. Conflicting interpretations of business goals2. Uncoordinated choosing and implementation of changes
What measures net profit over the cost of all capital to create the profit?
Economic Value Added measures net profit over the cost of all capital to create the profit?
When each link in the supply chain builds in extra safety in the planned requirements creates what?
Answer(s): D
When each link in the supply chain builds in extra safety in the planned requirements creates the bullwhip effect. Synchronization across the supply chain is the only way to resolve this bullwhip effect.
Post your Comments and Discuss APICS CPIM-SMR exam prep with other Community members:
Our website is free, but we have to fight against AI bots and content theft. We're sorry for the inconvenience caused by these security measures. You can access the rest of the CPIM-SMR content, but please register or login to continue.