Exam 2: Operations Strategy in a Global Environment

Which of the following is not an example of a transnational firm?

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

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

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

Are strategies static or dynamic? What are the forces that lead to this result?

An organization's strategy is the purpose or rationale for its existence.

How do goods and services differ with regard to handling the quality decision?

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

A firm's product is in the maturity stage of its life cycle.Which of the following OM strategies or issues should the firm be least concerned with at this time?

Cost cutting in international operations can take place because of

A product will always be in the same stage of its product life cycle regardless of the country.

What is the difference between goods and services in terms of their location selection?

Which of the following environmental factors has not been a factor in Microsoft's changing strategy?

Compared to a firm providing a service,a firm producing a good is more likely to have many ________ quality standards,________ product,and a location ________ from customers.

The ________ strategy uses subsidiaries,franchises,or joint ventures with substantial independence.

How do global operations attract new markets?

The Belgian discount food retailer Franz Colruyt has achieved low-cost leadership through

Which of the following strategic concepts allow firms to achieve their missions?

Key success factor and core competency are synonyms.

The ability of an organization to produce services that,by utilizing the consumer's five senses,have some uniqueness in their characteristics is referred to as