Which type of plan is used for one time or for an event only? a. Strategic Plan b. Contingent Plan с. Policy d. Single Use Plan

Opportunities and threats are: a) identified as part of the firm's tactical planning process. b) factors that are external to the firm but can still affect its performance. C) factors that are internal to the firm and those over which the firm has a great deal of control. d) dealt with primarily in a firm's operational planning process.

If objectives are thought of as statements of where one wants to go, then a(n) ________ plan is a map that tells them how to get there.   a. operational   b. strategic   c. contingency   d. action     QUESTION 7 A(n) ________ is defined as a plan for spending money.   a. budget   b. contingency plan   c. schedule   d. action plan

Natalie is opening a retail store specializing in hard-to-find gift items. Before she opens her store, what question will Natalie need to address?  a. Where will customers want her products? b. When will customers want her products? c. What prices will customers be willing to pay? d. What assortment of products will customers want? e. all of these.

Cost:1-Low cost operationsQuality:2-Top quality3-Consistent qualityTime:4-Delivery speed5-On time delivery6-Development speedFlexibility:7-Customization8-Variety9-Volume flexibility How can benchmarking help a company improve on any or all of the listed, (9) priorities?

A precedes the identifying customer needs phase. Mission statement Vision statement Budget statement Financial statement 31 (3 points)

A standing use plan that is designed to carry out a special project within the organization?             a.    True            b.     False

6. Which of the following is not a major consideration when assessing business requirements for IT initiatives? A. Complementary business process changes B. Potential technological solutions c. Gaps in performance indicated by the strategy map D. Project risks

Major operations and supply planning activities can be grouped into categories based on the relevant time range of the activity. Into what time range category does sales and operations planning fit? O Short-range planning O Immediate planning O Medium-range planning Long-range planning O Strategic planning

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