Question 1

Which of the following is LEAST likely to be a low-cost leadership competitive advantage?

Accepted Answer

A)  low overhead
B)  effective capacity use
C)  inventory management
D)  broad product line
E)  mass productionF) B) and D)
G) All of the above

Question 2

Multinational organizations can shop from country to country and cut costs through:

Accepted Answer

A)  lower wage scales.
B)  lower indirect costs.
C)  less stringent regulations.
D)  lower taxes and tariffs.
E)  all of the above.F) None of the above
G) D) and E)

Question 3

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

Accepted Answer

The multidomestic strategy decentralizes...

Question 4

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 aboveF) None of the above
G) B) and C)

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 strategyF) None of the above
G) C) and D)

Question 6

The ________ strategy utilizes a standardized product across countries.

Accepted Answer

The answer of The ________ strategy utilizes a standardized product...

Question 7

The ________ strategy uses exports and licenses to penetrate globally.

Accepted Answer

The answer of The ________ strategy uses exports and licenses...

Question 8

Which of the following is an example of competing on the basis of differentiation?

Accepted Answer

A)  A firm manufactures its product with less raw material waste than its competitors do.
B)  A firm's products are introduced into the market faster than its competitors' products are.
C)  A firm's distribution network routinely delivers its product on time.
D)  A firm offers more reliable products than its competitors do.
E)  A firm advertises more than its competitors do.F) A) and E)
G) B) and C)

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 aboveF) C) and D)
G) D) and E)

Question 10

A multinational corporation is a firm with extensive international business involvement.

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

Bribery,pr...

Question 13

Which of the following statements about organizational missions is FALSE?

Accepted Answer

A)  They reflect a company's purpose.
B)  They indicate what a company intends to contribute to society.
C)  They are formulated after strategies are known.
D)  They define a company's reason for existence.
E)  They provide guidance for functional area missions.F) B) and D)
G) All of the above

Question 14

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 15

Franz Colruyt has achieved low-cost leadership through:

Accepted Answer

A)  effective use of voice mail.
B)  plastic,not paper,shopping bags.
C)  background music that subtly encourages shoppers to buy more.
D)  converting factories,garages,and theaters into retail outlets.
E)  exclusive use of the Euro.F) C) and E)
G) B) and E)

Question 16

Define core competencies.

Accepted Answer

A set of skills,tale...

Question 17

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 CompanyF) B) and E)
G) A) and B)

Question 18

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

Accepted Answer

The answer of The ________ strategy uses subsidiaries,franchises,or joint ventures...

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

An operations manager is performing a factor-rating analysis to help him choose an outsourcing provider.He is focusing on two factors: A and B,using a weight of 75% for factor A and 25% for factor B.He has scored five different potential providers on both factors,using a scale of 1-5,with 1 representing the BEST score.Based on the scores provided in the table below,which provider should be chosen?

Accepted Answer

A)  Alpha
B)  Beta
C)  Gamma
D)  Phi
E)  OmegaF) None of the above
G) A) and B)

Exam 2: Operations Strategy in a Global Environment

The acronym MNC stands for

Correct Answer
verified

Correct Answer
verified

Which of the following is LEAST likely to be a low-cost leadership competitive advantage?

Correct Answer
verified

Define core competencies.

Correct Answer
verified
A set of skills,tale...
View Answer

Franz Colruyt has achieved low-cost leadership through:

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

The ________ strategy uses exports and licenses to penetrate globally.

Correct Answer
verified

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

Correct Answer
verified
The multidomestic strategy decentralizes...
View Answer

Which of the following statements about organizational missions is FALSE?

Correct Answer
verified

The ________ strategy utilizes a standardized product across countries.

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified
Bribery,pr...
View Answer

Multinational organizations can shop from country to country and cut costs through:

Correct Answer
verified

A multinational corporation is a firm with extensive international business involvement.

Correct Answer
verified

Which of the following is an example of competing on the basis of differentiation?

Correct Answer
verified

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

Correct Answer
verified

Which of the following represents a reason for globalizing operations?

Correct Answer
verified

Correct Answer
verified
1.World trade 2.Glob...
View Answer

Exam 2: Operations Strategy in a Global Environment

The acronym MNC stands for

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following is LEAST likely to be a low-cost leadership competitive advantage?

Correct AnswerverifiedShow Answer

Define core competencies.

Correct AnswerverifiedA set of skills,tale...View AnswerShow Answer

Franz Colruyt has achieved low-cost leadership through:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The ________ strategy uses exports and licenses to penetrate globally.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedThe multidomestic strategy decentralizes...View AnswerShow Answer

Which of the following statements about organizational missions is FALSE?

Correct AnswerverifiedShow Answer

The ________ strategy utilizes a standardized product across countries.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedBribery,pr...View AnswerShow Answer

Multinational organizations can shop from country to country and cut costs through:

Correct AnswerverifiedShow Answer

A multinational corporation is a firm with extensive international business involvement.

Correct AnswerverifiedShow Answer

Which of the following is an example of competing on the basis of differentiation?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following represents a reason for globalizing operations?

Correct AnswerverifiedShow Answer

Correct Answerverified1.World trade 2.Glob...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
A set of skills,tale...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The multidomestic strategy decentralizes...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

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

Correct Answer
verified
Bribery,pr...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
1.World trade 2.Glob...
View Answer