Business Strategies and Operations Quiz

What is the relationship between business strategies and functional strategies in a business context?

• Business strategies are more detailed than functional strategies.

• Functional strategies are unrelated to business strategies.

• Business strategies outline overall direction while functional strategies deal with specific business areas.

• Functional strategies are more focused on external factors than business strategies.

What is the score of Wolfbyte for after-sales support as shown in the table?

• 1

• 2

• 3

• 4

How does the performance quality score of Dole Microsystems compare to Wolfbyte?

• Higher

• Lower

• Equal

• Not specified

What is the formula used to compare the two competing products in the example?

• V = Σ (I_n * P_n)

• V = I_n + P_n

• V = I_n / P_n

• V = (I_n)^P_n

Which product offers better value for John according to the calculations?

• Wolfbyte

• Dole Microsystems

• Both offer the same value

• Neither offers good value

Calculate the total value for Wolfbyte using the given formula and values.

• 31

• 34

• 30

• 35

Calculate the total value for Dole Microsystems using the given formula and values.

• 31

• 34

• 30

• 35

Which of the following is NOT one of the four performance dimensions listed in the learning material?

• Quality

• Innovation

• Flexibility

• Cost

What are the four performance dimensions critical to business performance as mentioned in the learning material?

• Quality, Time, Flexibility, Cost

• Efficiency, Effectiveness, Economy, Equity

• Planning, Organizing, Leading, Controlling

• Product, Price, Place, Promotion

What does Performance Quality refer to in a product or service?

• The ability to meet customer expectations

• The basic operating characteristics of a product or service

• The product's aesthetic appeal

• The product's price point