Exam 2: Competitiveness, Strategy, and Productivity

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Which of the following is not among the chief reasons organizations fail?

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B

A business that is rated highly by its customers for service quality will tend to be more profitable than a business that is rated poorly.

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True

In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per five-day week. What is the labor productivity of this operation?

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C

Which of these factors would be least likely to affect productivity?

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Competitiveness doesn't include:

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Productivity tends to be only a very minor factor in an organization's ability to compete.

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Standardization has the advantage of reducing variability.

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Scheduling personnel is an example of an operations management:

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Unique attributes of firms that give them a competitive edge are called:

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Wage and salary increases that are not accompanied by productivity increases tend to exert inflationary pressures on a nation's economy.

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Traditional strategies of business organizations have tended to emphasize cost minimization or product differentiation.

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If people would only work harder, productivity would increase.

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The fundamental purpose for the existence of any organization is described by its:

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The Balanced Scorecard is a useful tool for helping managers translate their strategy into action in the following areas:

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Strategy includes both organizational and functional strategies.

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_____ and _____ customers are factors in quality.

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An example of a tactical operations management decision is determining employment levels.

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Which of the following is not typically considered a cure for poor competitiveness?

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Which of the following is not a reason for poor performance of our organization in the marketplace?

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What is an important factor that help determines cost?

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