Question 1

The multidomestic OM strategy maximizes local responsiveness while achieving a significant cost advantage.

Accepted Answer

A) True 
 B)False

Question 2

A strategy is a(n):

Accepted Answer

A) set of opportunities in the marketplace. 
B) broad statement of purpose. 
C) simulation used to test various product line options. 
D) plan for cost reduction. 
E) action plan to achieve the mission. 
A) set of opportunities in the marketplace. 
B) broad statement of purpose. 
C) simulation used to test various product line options. 
D) plan for cost reduction. 
E) action plan to achieve the mission.

Question 3

Which of the following statements best characterizes delivery reliability?

Accepted Answer

A) a company that always delivers on the same day of the week 
B) a company that always delivers at the promised time 
C) a company that delivers more frequently than its competitors 
D) a company that delivers faster than its competitors 
E) a company that has a computerized delivery scheduling system 
A) a company that always delivers on the same day of the week 
B) a company that always delivers at the promised time 
C) a company that delivers more frequently than its competitors 
D) a company that delivers faster than its competitors 
E) a company that has a computerized delivery scheduling system

Question 4

Outsourcing is an extension of the long-standing practice of ________ production activities.

Accepted Answer

The answer of Outsourcing is an extension of the long-standing...

Question 5

Who introduced the concept of value-chain analysis?

Accepted Answer

A) Ford 
B) Toyota 
C) Porter 
D) Smith 
E) Gates 
A) Ford 
B) Toyota 
C) Porter 
D) Smith 
E) Gates

Question 6

The theory of competitive 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 7

Outsourcing manufacturing is also known as:

Accepted Answer

A) license manufacturing. 
B) sublease manufacturing. 
C) concurrent manufacturing. 
D) hollow manufacturing. 
E) contract manufacturing. 
A) license manufacturing. 
B) sublease manufacturing. 
C) concurrent manufacturing. 
D) hollow manufacturing. 
E) contract manufacturing.

Question 8

A(n)________ is a firm that has extensive involvement in international business,owning or controlling facilities in more than one country.

Accepted Answer

multinatio

Question 9

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

Accepted Answer

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

Question 10

The ________ strategy describes a condition in which material,people,and ideas cross or transgress national boundaries.

Accepted Answer

The answer of The ________ strategy describes a condition in...

Question 11

A company is choosing an outside firm to provide its payroll services.It has chosen four comparative categories of interest: client reviews,financial condition,IT capabilities,and government stability.These categories have been assigned weights of 30%,10%,20%,and 40%,respectively.Three potential providers were scored on each of those factors (see table below)using a scale of 1-10,with a score of 1 meaning worst possible and 10 meaning best possible.Using the factor-rating method,which provider should be chosen?

Accepted Answer

Provider A: 2(.3)+ 8(.1)+ 5(.2)+ 3(.4)=

Question 12

The term renewal has been created to describe the return of business activity to the originating country.

Accepted Answer

A) True 
 B)False

Question 13

Identify three factors fueling the continuing growth of outsourcing.

Accepted Answer

(1)increased technological exp

Question 14

Which of the international operations strategies uses the existing domestic model globally?

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 15

The acronym MNC stands for

Accepted Answer

A) Mexican National Committee (for international trade) 
B) Maquiladora Negates Competition 
C) Maytag-Nestlé Corporation 
D) Multinational Corporation 
E) Maritime Navigation Company 
A) Mexican National Committee (for international trade) 
B) Maquiladora Negates Competition 
C) Maytag-Nestlé Corporation 
D) Multinational Corporation 
E) Maritime Navigation Company

Question 16

________ is the stage in product life cycle at which it is a poor time to change quality.

Accepted Answer

The answer of ________ is the stage in product life...

Question 17

Service organizations can immerse the consumer in the service,or have the consumer become a participant in the service,as they practice ________.

Accepted Answer

experience

Question 18

Which of the following statements is most accurate?

Accepted Answer

A) Nearly all outsourcing relationships do not last beyond two years. 
B) Nearly all U.S.firms that outsourced processes to India have backsourced them. 
C) Approximately half of all outsourcing agreements fail. 
D) Outsourcing is a relatively risk-free activity. 
E) More than 90% of outsourcing agreements succeed. 
A) Nearly all outsourcing relationships do not last beyond two years. 
B) Nearly all U.S.firms that outsourced processes to India have backsourced them. 
C) Approximately half of all outsourcing agreements fail. 
D) Outsourcing is a relatively risk-free activity. 
E) More than 90% of outsourcing agreements succeed.

Question 19

The fundamental purpose of an organization's mission statement is to:

Accepted Answer

A) create a good human relations climate in the organization. 
B) define the organization's purpose in society. 
C) define the operational structure of the organization. 
D) generate good public relations for the organization. 
E) define the functional areas required by the organization. 
A) create a good human relations climate in the organization. 
B) define the organization's purpose in society. 
C) define the operational structure of the organization. 
D) generate good public relations for the organization. 
E) define the functional areas required by the organization.

Exam 2: The Global Environment and Operations Strategy

The multidomestic OM strategy maximizes local responsiveness while achieving a significant cost advantage.

A strategy is a(n):

Which of the following statements best characterizes delivery reliability?

Outsourcing is an extension of the long-standing practice of ________ production activities.

Who introduced the concept of value-chain analysis?

The theory of competitive 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.

Outsourcing manufacturing is also known as:

A(n)________ is a firm that has extensive involvement in international business,owning or controlling facilities in more than one country.

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

The ________ strategy describes a condition in which material,people,and ideas cross or transgress national boundaries.

The term renewal has been created to describe the return of business activity to the originating country.

Identify three factors fueling the continuing growth of outsourcing.

Which of the international operations strategies uses the existing domestic model globally?

The acronym MNC stands for

________ is the stage in product life cycle at which it is a poor time to change quality.

Service organizations can immerse the consumer in the service,or have the consumer become a participant in the service,as they practice ________.

Which of the following statements is most accurate?

The fundamental purpose of an organization's mission statement is to:

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