Exam 2: Operations Strategy in a Global Environment

Given the position of the iPod in the growth stage of its life cycle,which of the following OM strategies or issues should Apple (makers of the iPod)be least concerned with at the current time?

The ability of an organization to produce goods or services that have some uniqueness in their characteristics is referred to as

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

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

The acronym MNC stands for

Operations strategies are implemented in the same way in all types of organizations.

Errors made within the location decision area may overwhelm efficiencies in other areas.

Low-cost leadership is the ability to distinguish the offerings of the organization in any way that the customer perceives as adding value.

Which of the following OM strategic decisions pertains to sensible location of processes and materials in relation to each other?

Which of the following will more likely to locate near their customers?

Identify and explain the four basic global operations strategies.Give an example of each strategy.

How can global operations improve the supply chain?

Firms using the ________ strategy can be thought of as "world companies."

Which of the international operations strategies involves a focus on low cost reductions and high local responsiveness?

Decisions that involve what is to be made and what is to be purchased fall under the heading of supply-chain management.

Which of the international operations strategies involves low cost reductions and low local responsiveness?

Which of these organizations is likely to have the most complex inventory decisions?

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

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

Competitive advantage in operations can be achieved by ________,________,and/or ________.