Just-in-time operations and iso 9001 are key elements of time-based competition.

A.leanmanufacturingB.ISO9001C.masscustomizationD.concurrentengineeringE.JIToperationsLean manufacturing is based on a commitment to making an operation bothefficient and effective; it strives to achieve the highest possible productivity andtotal quality, cost-effectively, by eliminating unnecessary steps in the productionprocess and continually striving for improvement.AACSB: AnalyticAccessibility: Keyboard NavigationBateman - Chapter 09 #87Blooms: RememberLearning Objective: 09-06 Identify ways that firms organize around different types of technology.Level of Difficulty: 1 EasyTopic: Technology and Organizational Agility

88.Which of the following is an operation that strives to achieve the highest possibleproductivity and total quality by eliminating unnecessary steps in the productionprocess and continually striving for improvement?A.Time-basedcompetitionB.Total quantitymanagementC.LeanmanufacturingD.MasscustomizationE.ConcurrentengineeringLean manufacturing is based on a commitment to making an operation bothefficient and effective; it strives to achieve the highest possible productivity andtotal quality, cost-effectively, by eliminating unnecessary steps in the productionprocess and continually striving for improvement.AACSB: AnalyticAccessibility: Keyboard NavigationBateman - Chapter 09 #88Blooms: RememberLearning Objective: 09-06 Identify ways that firms organize around different types of technology.Level of Difficulty: 1 EasyTopic: Technology and Organizational Agility

89._____ refers to strategies aimed at reducing the total duration it takes to deliver aproduct or service.A.LogisticsmanagementB.MasscustomizationC.ContinuousprocessD.Time-basedcompetitionE.LeanmanufacturingTime-based competition (TBC) refers to strategies aimed at reducing the total timeneeded to deliver a good or service. TBC has several key organizational elements:logistics, just-in-time (JIT), and concurrent engineering. JIT production systemsreduce the time to manufacture products.AACSB: AnalyticAccessibility: Keyboard NavigationBateman - Chapter 09 #89Blooms: RememberLearning Objective: 09-06 Identify ways that firms organize around different types of technology.Level of Difficulty: 1 EasyTopic: Technology and Organizational Agility

90.The term logistics refers to the movement of:A.finished products within the organization warehousesystem.B.resources into the organization and products from the organization to itscustomers.C.resources throughout the manufacturingprocess.D.employees in the organization during the accomplishment oftheir tasks.E.financial instruments amongorganizations.The movement of resources into the organization (inbound) and products from theorganization to its customers (outbound) is called logistics. Like the supply chain,an organization's logistics are often a critical element in its responsiveness andcompetitive advantage.

This study provides an additional partial test of the Hunt–Vitell theory [1986, Journal of Macromarketing, 8, 5–16; 1993, ‘The General Theory of Marketing Ethics: A Retrospective and Revision’, in N. C. Smith and J. A. Quelch (eds.), Ethics in Marketing (Irwin Inc., Homewood), pp. 775–784], within the consumer ethics context. Using structural equation modeling, the relationships among an individual’s personal values (conceptualized by the typology of Schwartz [1992, ‘Universals in the Content and Structure of Values: Theoretical Advances and Empirical Tests in 20 Countries’, in M. P. Zanna (ed.), Advances in Experimental Social Psychology (Vol. 25, Academic Press, Orlando), pp. 1–65] ethical ideology and ethical beliefs are investigated. The validity of the model is assessed in a two-step procedure. First, a measurement model of constructs is tested for key validity dimensions. Next, the hypothesized causal relationships are examined in several path models, comparing no mediation, partial and complete mediation of ethical ideology. The empirical results indicate that individual differences in value priorities (resultant conservation and resultant self-enhancement) directly and indirectly (through idealism) influence the judgment of ethically questionable consumer practices. These findings may significantly contribute to the theoretical understanding of ethical decision-making.

What is the method of time based strategies?

Time-based strategies are strategies that are focused on minimizing the time that is needed to accomplish a given task. The fewer the time that is needed in a given time-based strategy the more competitive the firm becomes.

What is the difference between a joint venture and strategic alliance?

With a joint venture, two or more companies create a single legal entity in which each owns a share. By contrast, with a strategic alliance, each company works together but no new legal entity is created.

Which are ways that flexible factories differ from traditional factories?

Which are ways that flexible factories differ from traditional factories? (Choose every correct answer.) Flexible factories are organized around products in work cells or teams. Flexible factories use local or decentralized scheduling.