Strategic Management

Traditional maufacturing __________. (a) Is no longer used (b) Requires a tradeoff between unit costs and product variety (c) Has higher unit costs than flexible manufacturing (d) Produces a variety of products in higher volumes (e) Has higher unit costs than flexible manufacturing and requires a tradeoff between unit costs and product variety I believe the best answer is (c). Please advise answer & why. Thanks much!!

Strategic Management

A company can achieve superior quality by _________. (a) designing products that are easy to maufacture (b) pursuing economies of scale (c) developing new products (d) integrating R&D with marketing (e) integrating R&D with materials management I believe (c) may be the best answer. Please advise answer & why. Thanks!

Strategic Management

Limiting the number of suppliers ___________. (a) is the responsibility of top management (b) may allow a firm to achieve superior quality (c) may allow a firm to achieve superior innovation (d) is the responsibility of research & development (e) is the responsibility of manufacturing I believe (b) is the answer. Please advise answer & why. Thanks!

Strategic Management

For producting the same number of products, the costs of traditional manufacturing ______________ the costs of flexible manufacturing. are greater than, are less than, are about the same as, cannot be compared to, or vary more than I believe - are about the same as - may be the answer. Please advise answer & why. Thanks!

Strategic Management

Market fragmentation has occurred in many industries because of ________ (a) emergence of flexible technologies (b) homogenization of markets (c) implementation of Just-in-Time inventories (d) increased strength of large competitors (e) increased internationalization of business