Miscellaneous Quiz / Functional Strategies (Business)

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Can you name the departments of a business where strategies are implemented?

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StrategiesDepartment
a. Flow of products in and out of the process b. Centralization, outsourcing, use of the internet
a. Continuous Improvement b. Mass Customization
a. Technology Leader (Pioneering, Innovating, Uniqueness) or Technology Follower (Imitation & Adaptation)
a. Determines how to and where to manufacture products b. Level of vertical integration c. Deployment of physical resources d. Supplier Relationships
a. Examines financial implications of corporate and business leverage b. MAX financial value of a firm
a. Low Skill (Low Pay, Repetitive Tasks, High Turnover) b. High Skill (HIgh Pay, Cross Trained, Self Managing Teams)
a. Developing new markets b. Developing new products for existing markets c. Push/Pull Strategy d.Skim/Penetration/Dynamic Pricing
a. Obtaining Raw Materials (Buy Inputs) b. Multiple Sourcing (Play one off another) c. Parallel Sourcing

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