When Developing an Operations and Supply Chain Strategy, Which of the Following

question 5

Multiple Choice

When developing an operations and supply chain strategy, which of the following is an important product-specific criterion to consider?

• A)Technical liaison
• B)Learning curve
• C)Competitor's product performance
• D)Production lot size
• E)Total quality management

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Definitions:

Voice Communication

The transmission of spoken information through electronic devices, enabling verbal interaction between people over distances.

Crowdsourcing

The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, especially from an online community.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

MOOCs

Massive Open Online Courses, which are free online courses available for anyone to enroll and provide a way to learn new skills or enhance knowledge.