An Expansionist Capacity Strategy

question 119

Multiple Choice

An expansionist capacity strategy:

• A) lags behind demand.
• B) reduces the risk of overexpansion based on overly optimistic demand forecasts.
• C) can preempt expansion by competitors by announcing a large capacity expansion.
• D) meets capacity shortfalls with overtime, temporary workers, subcontracting, and stockouts.

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Definitions:

Current Performance

The assessment of an organization, employee, or system's present output or results, often compared to past performance or predetermined objectives.

Management By Objectives (MBO)

A management strategy where employees set objectives in alignment with company goals to improve performance and participation.

Personal Development

Personal development involves activities that improve self-awareness, develop talents, and enhance quality of life and career prospects.

Improvement

The process of making something better or more effective through changes or adjustments.