Online Access Free L6M9 Practice Test

Giant Gymsis a fitness chain where clientspay a monthly subscriptionfor full access to gym facilities. The company typically experiences ahuge spike in new memberships in Januarydue to New Year's fitness resolutions. However, toreduce this seasonal surge, Giant Gyms introduces apricing structure that makes it cheaper to sign up in November, which is typically itsslowest month.
What is this strategy called?

• A.Lead Strategy
• B.Capacity Expansion
• C.Optimal Capacity
• D.Demand Smoothing

Which of the following are Porter's strategies that can help an organisation create competitive advantage in the marketplace?Select ALL that apply

• A.Be a low-cost provider
• B.Ensure a large product range
• C.Become an organisation that is meaningfully different from competitors
• D.Become a specialised provider
• E.Provide exceptional customer service

Greg is the manager at a car wash and is trying to work out the break-even point of his business. Which of the following pieces of information will he need to consider to understand his break-even point?Select ALL that apply.

• A.Fixed costs
• B.Number of customers
• C.Price per car wash
• D.Number of employees
• E.Variable costs

Which area ofoperations strategyis concerned withinformation management systems, automation, and productivity?

• A.Supply network design
• B.Development and organisational design
• C.Capacity
• D.Process technology

ZYX Ltd creates products to meet customer demands. Each product created isunique to the customer's specification. What is the name of the workflow pattern used by ZYX Ltd?

• A.Engineered to order
• B.Made to order
• C.Produced to order
• D.Configured to order