Strategic Decisions in Operations & Supply Chain Management

Instructions:

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question 1 of 3

What type of decisions are complex, risky and are used by top-level executives to propose major changes in corporate directions?

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1. What type of strategic decision is concerned with what products the operations team should produce and with what type of technology?

2. Who provides the materials, parts or labor needed in an efficient manner?

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About This Quiz & Worksheet

Decisions on operations and supply chain strategies can make or break a company, so discover what you know about this topic with this dynamic worksheet/quiz duo. Practice questions ask about specific parts of the operational and supply chain decision-making process.

Quiz & Worksheet Goals

Assess your comprehension by answering quiz questions about these topics:

  • Decision about the products that should be produced and the appropriate technology to complete production
  • Efficient provider of materials, parts or labor
  • A complex, risky decision made by top-level executives to propose major changes
  • Strategic decisions focused on planning, implementing, and coordinating production and supply

Skills Practiced

Use the quiz and worksheet to ascertain how well you implement these skills:

  • Reading comprehension - ensure that you draw the most important information about decisions on operations and supply chain strategies from the related lesson
  • Making connections - use your knowledge of strategic decisions to correctly identify a missing component of business and operations
  • Critical thinking - apply relevant concepts to examine information about strategic supply chain decisions in a different light
  • Knowledge application - use your knowledge to answer questions about complex, risky business decisions

Additional Learning

Learn more about this topic by checking out the accompanying lesson called Strategic Decisions in Operations & Supply Chain Management. The lesson meets these objectives:

  • Identify five areas that could affect strategic decisions made in operations and supply chain management
  • Understand real-world examples of high-risk decisions that consumers make in their own lives
  • Differentiate between decisions made by businesses versus consumers
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