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CHAPTER 3: STRATEGIC AND FINANCIAL LOGISTICS
Multiple Choice Questions (correct answers are bolded)
1. Depending on industry and product type, rever logistics costs as a percent of revenue can range between ___________ and ___________ percent.
a. 5; 10
b. 4; 8
c. 3; 6
d. 2; 4
[LO: material at beginning of the chapter; Moderate; Application; AACSB Category 3: Analytical thinking]
2. Which of the following is not a level at which strategy can be formulated?
a. corporate
b. business unit
c. functional
d. 课外书读后感individual location
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Moderate; Synthesis; AACSB Category 3: Analytical thinking]
3. ___________ strategy is focud on determining the goals for the company, the types of business in which the company should compete, and the way the company will be managed.
a. Functional level个人鉴定
b. Business unit level
c. Divisional level
d. Corporate level
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Easy; Concept; AACSB Category 3: Analytical thinking]
4. Strategy at a ___________ level is primarily focud on the products and rvices provided to customers and on finding ways to develop and maintain a sustainable competitive advantage with the customers.
a. functional
b. business unit
c. divisional
d. corporate
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Easy; Concept; AACSB Category 3: Analytical thinking]
5. Which of the following is not one of the generic strategies that can be pursued by an organization, as identified by strategist Michael Porter?
a. value enhancement
b. differentiation
c. cost leadership
d. focus
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Moderate; Synthesis; AACSB Category 3: Analytical thinking]
6. A ___________ strategy entails an organization developing a product and/or rvice that offers unique attributes that are valued by customers and that the customer perceive
s to be distinct from competitor offerings.
a. focus
b. differentiation
c. value enhancement
温柔的手 d. market orientation
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Easy; Concept; AACSB Category 3: Analytical thinking]
7. Which generic strategy concentrates an organization’s effort on a narrowly defined market to achieve either a cost leadership or differentiation strategy?
a. hybrid
辣椒酱 b. market orientation
c. tailored
d. focus
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Easy; Concept; AACSB Category 3: Analytical thinking]
8. A(n) ___________ entails the functional units of an organization providing input into the other levels of strategy formulation.
a. supply chain
跟着我英语
b. differentiation strategy
c. hierarchy of strategy
d. enterpri resource system
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Moderate; Concept; AACSB Category 3: Analytical thinking]
二年级必读课外书
9. Which of the following reprents the preferred hierarchy of strategy (i.e., from the first strategy to be developed to the last to be developed)?
a. corporate business unit functional
b. functional business unit corporate
黑龙江省电视台 c. corporate business unit divisional
d. business unit divisional functional
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Difficult; Synthesis; AACSB Category 3: Analytical thinking]
10. ___________ strategy decisions involve issues such as the number and location of warehous and the lection of appropriate transportation modes.
a. Marketing
b. Production
c. Finance
d. Logistics
[LO 3.1: To understand how logistics decisions can influence an organization’s strategic financial outcomes; Moderate; Application; AACSB Category 3: Analytical thinking]
11. Which of the following is not a potential type of logistics strategy decision?
a. investments in technology that support logistics activities
b. lection of appropriate transportation modes
