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The Intercompany Scope of Strategic Fit Is No Longer Relevant

question 24

True/False

The intercompany scope of strategic fit is no longer relevant today because the competitive playing field has shifted from company versus company to supply chain versus supply chain.


Definitions:

Strategic Performance Measurement System

A framework that companies use to monitor and manage their strategies by measuring performance using financial and non-financial metrics.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.

Lean Management System

A systematic approach for eliminating waste within a manufacturing system without sacrificing productivity.

Material Price Variance

The difference between the actual cost of materials purchased and the expected (or standard) cost, reflecting how effectively a company controls its material costs.

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