Deck 12: Operations Strategy and International Oper

Question 1

A strategy is a series of decisions taken over the ___________ term?

A) Short
B) Medium
C) Long
D) Immediate

Answer 1

C

Question 2

An operations strategy is usually developed from the _______________ of an organization

A) Mission statement
B) Corporate strategy
C) Financial strategy
D) Business strategy

Answer 2

D

Question 3

Which of these is not usually included in an operations strategy?

A) Capacity planning
B) Human resources planning
C) Marketing planning
D) Procurement planning

Answer 3

C

Question 4

There are two perspectives of operations strategy suggested by Lowson (2003). One is the market driven perspective proposed by Michael Porter. What is the other?

A) Bottom up perspective
B) Top down perspective
C) Resource based perspective
D) Finance driven perspective

Question 5

The four main elements of the business model put forward by Christensen et al. (2016) are Value Proposition, Resources, Processes and ____________?

A) Systems capability
B) Market offering
C) Profit Formula
D) Technology

Question 6

Movement of one part of an organization from the home country to another host country is called ___________________________?

A) Globalization
B) Internationalization
C) Transnationalization
D) Multinationalization

Question 7

An organization that has a number of different subsidiary companies across the world is called _______________?

A) Transnational
B) Global
C) International
D) Multinational

Question 8

Organizations which tend to make most of the executive decisions for their subsidiaries in their home country are called_______________?

A) Geocentric
B) Polycentric
C) Ethnocentric
D) Multinational

Question 9

Organizations which tend to allow the host country to manage activities such as marketing and customer service are called _________________?

A) Geocentric
B) Polycentric
C) Ethnocentric
D) International

Question 10

Expanding internationally through allowing others to manage and run operations using your brand is known as ________________?

A) Outsourcing
B) Franchising
C) Offshoring
D) Globalizing