In their article, "Value Innovation: The Strategic Logic of High Growth", Kim and Mauborgne argue that the logic of value innovation differs from conventional strategic logic along the five dimensions of strategy. Which of the following is one of the differences?

A primary reason for using an alternative means of transportation when a part is late is

2 suppliers for a new part have responded to a request for quote based on annual usage projection. The buyer is evaluating the suppliers on total cost criteria. With all things generally equal otherwise, which of the following reasons best explains why total cost is higher for one supplier?

The design of a product is improved by which of the following factors?
1. Identification of process similarities;
2. Evaluation of standard part attributes;
3. Input from the supplier;

A technique useful for businesses to become virtual supply chains in order to reduce costs and improve due-date performance is

An action that most limits the effect of changes on a supplier is

On-time supplier deliveries can be impacted most by

Which of the following elements is a key principle of lean purchasing?

A supplier is on site counting and restocking inventory, this is referred to as

Which of the following production environments is likely to have the most supplier partnerships where product life cycle is a considerations?

The process of a supplier shipping directly to the purchase＇s customer is know as