Quiz – Unit 2: Operations Strategy TECHNOLOGY/RESEARCH

(GROUP 1) DEVELOPMENT
PROCUREMENT)
is a critical aspect of guiding
organizations towards achieving their is a live framework for guiding a
long-term objectives. (STRATEGIC company. (STRATEGIC
MANAGEMENT) ARCHITECTURE)

Give the 5 porter's forces refers to the influence of government

(INTENSITY OF COMPETITIVE regulations and legal requirements on
RIVALRY the priorities of corporate boards.
BARGAINING POWER OF BUYERS (REGULATORY PRESSURES)
BARGAINING POWER OF SUPPLIERS
THREAT OF SUBSTITUTES is a critical aspect of guiding
THREAT OF NEW ENTRANTS) organizations towards achieving their
long-term objectives. (STRATEGIC
Acknowledges that strategy MANAGEMENT)
development is a complex process, and
there is a fine line between board This approach assumes that people
involvement and management's might not always make the absolute best
responsibility in shaping and executing decisions, but that's okay.
strategy. (COMPLEXITY OF (SOCIOLOGICAL APPROACH)
STRATEGY)
it highlights that many directors may lack
Increased board participation can come the knowledge and expertise required for
with the cost of potentially reducing meaningful involvement in strategy
management's control over outcomes. development. (BOARD KNOWLEDGE
(COST OF BOARD INVOLVEMENT) AND EXPERTISE)

is the process of generating new ideas Quiz - Unit 3: Product Design and
and actions that can provide central Product Selection (GROUP 2)
structure for the company to project its
future. (STRATEGIC PLANNING) It is the creation of better, more effective
products, processes, services, or
is a tool to analyze the competitive technologies. (INNOVATION)
environment. (PORTER'S FIVE
FORCES) Give the (3) three key elements of
Innovation as per Joseph F. Engelberger.
It is a framework developed by Michael (RECOGNIZED NEED, COMPETENT
Porter. (VALUE CHAIN ANALYSIS) INDIVIDUALS WITH RELEVANT
TECHNOLOGY, FINANCIAL
Give the 4 supporting components of The SUPPORT)
Value Chain
(FIRM INFRASTRUCTURE It refers to the process of creating and
HUMAN RESOURCE MANAGEMENT introducing new products or services to
the market. (NEW PRODUCT This method is suitable for the production
DEVELOPMENT) of very small to small batches, i.e. orders
of a few units up to several dozens of
What is the model of stages of new similar or equal goods. (BOUTIQUE
product development called? (BAH MANUFACTURING)
MODEL)
It is refers to the production that
Involves creating and nurturing product operating 24 hours per day, seven days
ideas that match the identified per week with infrequent maintenance
opportunities based on the New Product shutdowns, such as semi-annual or
Strategy. (IDEA GENERATION) annual. (CONTINUOUS PRODUCTION)

It validates the project’s commercial This method used to produce or process

viability, production, and marketing. any product in groups or batches where
(TESTING) the products in the batch go through the
whole production process together.
A procedure that begins with a set of (BATCH PRODUCTION)
customer needs and target specifications
and results in an array of product concept Products must meet these _ features to
design alternatives from which a final be minimally acceptable and preferred by
design will be selected. (CONCEPT consumers. (MUST-HAVE)
GENERATION)
__ is found by setting profit to zero using
It should be performed to find existing the profit equation. (BREAK-EVEN
concepts relating to both the overall POINT IN UNIT)
problem and to the sub-problems It serves inner needs and can
identified during the problem clarification encompass physical, emotional,
step. (EXTERNAL SEARCH) creative, and social aspects. (MEANING)

Considers personal, situational, It is a fundamental approach to design

psychological, and social factors and why that is focused on applying new and
people shop for products, buy and use emerging technologies to develop
them, sometimes become loyal products and services. (TECHNOLOGY-
customers, and then dispose of them. DRIVEN DESIGN SCHOOL)
(CONSUMER BEHAVIOR)
Quiz – Unit 4: Supply Chain
A series of activities by which a product Management (Group 3)
idea is transformed into a final product.
(PRODUCT DEVELOPMENT Causes of Bullwhip Effect
PROCESS) Demand Forecase Updating, Order
Batching, Price Fluctuation, Rationing
It is refers to the tactical choices of And Gaming
choosing the kind of production process
to have in a production plant. (PROCESS Is a critical component of the production
SELECTION) process in manufacturing companies
(Purchasing and Supplier Selection)
Characteristics of a good
PHARMACEUTICAL PROCUREMENT Quiz – Unit 5: Just in Time and Lean
SYSTEM Systems (Group 4)

This includes investments in technology, Kanban is a visual method of controlling

infrastructure, human resources, and production processes.
process optimization to enhance the
overall performance of the supply chain. Muda is a wasteful activity.
(Investment in Operations)
Lean method is the manufacturing
It encompasses various stages, including process to reduce waste and increase
procurement, production, warehousing, continuous quality improvement.
transportation, and customer delivery.
(Supply Chain Distribution) Which does not belong to the principle in
lean production?
Give the conflicting objectives in the ANSWER: Safety
Supply Chain. (PURCHASING,
MANUFACTURING, WAREHOUSING, "5S" is a method of workplace
CUSTOMERS) organization which consists of five words,
all of these are included in 5's except?
Refers to the use of the internet for ANSWER: (STRATEGY)
procurement and interacting with
suppliers (E-PURCHASING) Who originated Kanban?
Answer: Taiichi Ohno
Concern with the efficient integration of
entire process from suppliers, factories, It is a waste that is underutilizing people’s
warehouses to stores. talents, skills, and knowledge
ANSWER: SUPPLY CHAIN Answer: Talent
MANAGEMENT
He is one of the four influences of
This involves visiting individual suppliers’ Kanban and he created System of
websites or public websites that provide Profound Knowledge
information on multiple suppliers. Answer: Edward Deming
(Finding Suppliers Online)
It is the effort caused by rework, scrap,
Is a computerized method for managing and incorrect information
inventory and production needs in a Answer: Defect
manufacturing company (Materials
Requirements Planning) How do you eliminate motion in the
office?
Is the process of planning when and how Answer: Is your desk set up so that
many goods will be produced. (WORK the items you use most often are
SCHEDULING) easily accessible?
The art of asking questions based on
curiosity and building trust (include
author)
Humble Inquiry by Edgar H. Schein

Meaning of JIT
- just in time

Give 2 indicators of a culture of

continuous improvement
-curiosity, reflection, tolerance of
failure and vulnerability, use of
feedback, systems thinking

Which of the ff is not part of the stage of

change
-leadership

Part of the PDCA Cycle which involves

implementing the changes in the
planning phase. (Check)

Which of the following is NOT a benefit of

continuous improvement? (Keen
Performance)

Activities that bring additional value to

products and services. (VALUE ADDED
ACTIVITIES)

Waste of lean that happens when items

are produced when not needed and
before they are needed
(Overproduction)

Most Widely Accepted and applied

techniques in continuous improvement
(PDCA Cycle)