Question 1

Which of the following is true of maquiladoras?

Accepted Answer

A) They discourage foreign businesses from outsourcing. 
B) They assess tariffs only on the value-added work done. 
C) They originated in China. 
D) None of the above 
E) All of the above 
A) They discourage foreign businesses from outsourcing. 
B) They assess tariffs only on the value-added work done. 
C) They originated in China. 
D) None of the above 
E) All of the above

Question 2

Porter's Five Forces Model is used to evaluate competition based on which 5 aspects?

Accepted Answer

A) research and development,cost,legal regulations,suppliers,customers 
B) immediate rivals,potential entrants,customers,suppliers,and substitute products 
C) potential entrants,customers,suppliers,legal regulations,and cost 
D) immediate rivals,potential entrants,cost,substitute products,and legal regulations 
E) cost,legal regulations,advertising effectiveness,potential entrants,and immediate rivals 
A) research and development,cost,legal regulations,suppliers,customers 
B) immediate rivals,potential entrants,customers,suppliers,and substitute products 
C) potential entrants,customers,suppliers,legal regulations,and cost 
D) immediate rivals,potential entrants,cost,substitute products,and legal regulations 
E) cost,legal regulations,advertising effectiveness,potential entrants,and immediate rivals

Question 3

NAFTA seeks to phase out all trade and tariff barriers between the United States and Asia.

Accepted Answer

A) True 
 B)False

Question 4

The term maquiladora is most synonymous with:

Accepted Answer

A) free trade zones in Mexico. 
B) Chinese forced labor camps. 
C) home-based or cottage industry. 
D) areas that do not meet U.S.standards for workplace safety and pollution. 
E) tax breaks provided by some South American countries to other South American countries. 
A) free trade zones in Mexico. 
B) Chinese forced labor camps. 
C) home-based or cottage industry. 
D) areas that do not meet U.S.standards for workplace safety and pollution. 
E) tax breaks provided by some South American countries to other South American countries.

Question 5

Which of the international operations strategies uses import/export or licensing of existing products?

Accepted Answer

A) international strategy 
B) global strategy 
C) transnational strategy 
D) multidomestic strategy 
E) worldwide strategy 
A) international strategy 
B) global strategy 
C) transnational strategy 
D) multidomestic strategy 
E) worldwide strategy

Question 6

Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?

Accepted Answer

A) product research 
B) human resources 
C) process innovation 
D) quality management 
E) all of the above 
A) product research 
B) human resources 
C) process innovation 
D) quality management 
E) all of the above

Question 7

Since the early 1990s,residents in a number of developing countries have overcome culture,religious,ethnic,and political productivity barriers.These disappearing barriers coupled with simultaneous advances in technology,reliable shipping,and cheap communication have all led to the growth of what three things?

Accepted Answer

1.World trade
2.Glob

Question 8

The theory of comparative advantage implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following represents a reason for globalizing operations?

Accepted Answer

A) to improve the supply chain 
B) to improve operations 
C) to expand a product's life cycle 
D) to attract and retain global talent 
E) all of the above 
A) to improve the supply chain 
B) to improve operations 
C) to expand a product's life cycle 
D) to attract and retain global talent 
E) all of the above

Question 10

________ are areas located along the United States-Mexico border in which factories receive preferential
tariff treatment.

Accepted Answer

The answer of ________ are areas located along the United...

Question 11

Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned with at the present time?

Accepted Answer

A) increase capacity 
B) long production runs 
C) standardization 
D) cost cutting 
E) fewer rapid product changes 
A) increase capacity 
B) long production runs 
C) standardization 
D) cost cutting 
E) fewer rapid product changes

Question 12

The purpose of NAFTA is to:

Accepted Answer

A) substitute cheap labor in Mexico for expensive labor in the United States. 
B) curb illegal immigration from Mexico to the United States. 
C) phase out all trade and tariff barriers between North America and South America. 
D) phase out all trade and tariff barriers between the United States,Canada,and Mexico. 
E) provide fair and equitable tariff rates for trade between the United States,Canada,and Mexico. 
A) substitute cheap labor in Mexico for expensive labor in the United States. 
B) curb illegal immigration from Mexico to the United States. 
C) phase out all trade and tariff barriers between North America and South America. 
D) phase out all trade and tariff barriers between the United States,Canada,and Mexico. 
E) provide fair and equitable tariff rates for trade between the United States,Canada,and Mexico.

Question 13

Which of the following did the authors NOT suggest as a reason for globalizing operations?

Accepted Answer

A) reduce costs 
B) improve the supply chain 
C) pursue stockholder approval ratings 
D) understand markets 
E) attract and retain global talent 
A) reduce costs 
B) improve the supply chain 
C) pursue stockholder approval ratings 
D) understand markets 
E) attract and retain global talent

Question 14

Porter's Five Forces Model contains which of the following?

Accepted Answer

A) immediate rivals 
B) potential entrants 
C) customers 
D) suppliers 
E) all of the above 
A) immediate rivals 
B) potential entrants 
C) customers 
D) suppliers 
E) all of the above

Question 15

Cost minimization is an appropriate strategy in which stage of the product life cycle?

Accepted Answer

A) introduction 
B) growth 
C) adolescence 
D) decline 
E) retirement 
A) introduction 
B) growth 
C) adolescence 
D) decline 
E) retirement

Question 16

Which of the following does NOT represent a valid reason for globalizing operations?

Accepted Answer

A) reduce costs 
B) improve the supply chain 
C) reduce responsiveness 
D) attract and retain global talent 
E) understand markets 
A) reduce costs 
B) improve the supply chain 
C) reduce responsiveness 
D) attract and retain global talent 
E) understand markets

Question 17

The World Trade Organization has helped to significantly reduce tariffs around the world.

Accepted Answer

A) True 
 B)False

Question 18

________ and ________ are two issues where significant cultural differences are large,yet progress toward global uniformity is slowly being accepted.

Accepted Answer

Bribery,pr

Question 19

Perform an SWOT analysis of Boeing's 787 Dreamliner using the information presented in the text.

Accepted Answer

Strengths-Technological advances (8% inc

Question 20

The theory of ________ implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Accepted Answer

comparativ

Exam 2: The Global Environment and Operations Strategy

Which of the following is true of maquiladoras?

Porter's Five Forces Model is used to evaluate competition based on which 5 aspects?

NAFTA seeks to phase out all trade and tariff barriers between the United States and Asia.

The term maquiladora is most synonymous with:

Which of the international operations strategies uses import/export or licensing of existing products?

Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?

The theory of comparative advantage implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Which of the following represents a reason for globalizing operations?

________ are areas located along the United States-Mexico border in which factories receive preferential tariff treatment.

Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned with at the present time?

The purpose of NAFTA is to:

Which of the following did the authors NOT suggest as a reason for globalizing operations?

Porter's Five Forces Model contains which of the following?

Cost minimization is an appropriate strategy in which stage of the product life cycle?

Which of the following does NOT represent a valid reason for globalizing operations?

The World Trade Organization has helped to significantly reduce tariffs around the world.

________ and ________ are two issues where significant cultural differences are large,yet progress toward global uniformity is slowly being accepted.

Perform an SWOT analysis of Boeing's 787 Dreamliner using the information presented in the text.

The theory of ________ implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Operations and Productivity

Managing Projects

Forecasting Demand

Product Design

Quality Management and International Standards

Process Design

Location Decisions

Layout Decisions

Job Design and Work Measurement

Supply Chain Management

Managing Inventory

Aggregate Scheduling

Material Requirements Planning Mrpand Erp

Scheduling for the Short-Term

Jit,lean Operations,and the Toyota Production System

Maintenance and Reliability Decisions

Sustainability

Statistical Process Control

Capacity Planning

Supply Chain Modeling

Decision Modeling

Linear Programming Models

Transportation Modeling

Queuing Models

Learning Curves

Modeling with Simulation

Filters

and are two issues where significant cultural differences are large,yet progress toward global uniformity is slowly being accepted.