The Notion of "Strategic Fit

question 14

Multiple Choice

The notion of "strategic fit"

• A)does not mean much, and is a common statement made in strategic literature.
• B)implies coherence between resources, capabilities, structure and systems.
• C)expresses how well a firm's strategy fits its internal and external environment.
• D)b and c.

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Definitions:

Assembly

The process of putting together various components or materials to create a finished product.

Predetermined Overhead Rates

An estimated rate used to allocate manufacturing overhead costs to individual products or job orders based on a chosen activity base.

Machine-Hours

A measure of production time, reflecting the total hours machines are operated in the manufacturing process.

Molding

Molding is a process of forming a material using a rigid frame or model called a mold, commonly used in manufacturing for creating a variety of parts and components.