Question:1.
An SWOT analysis determines: A. internal strengths and weaknesses and external opportunities and threats. B. internal strengths and weaknesses and internal opportunities and threats. C. internal strengths and opportunities and external weaknesses and threats. D. external strengths and weaknesses and external opportunities and threats. E. external strengths and weaknesses and internal opportunities and threats. .
2. Which of the international operations strategies uses the existing domestic model globally? A. multidomestic strategy B. transnational strategy C. global strategy D. international strategy E. worldwide strategy
3. Competing on cost is A. concerned with uniqueness. B. concerned with reliability of scheduling. C. achieving maximum value as perceived by the customer. D. based upon flexibility.
4. Which of the following is NOT an OM strategy/issue during the introduction stage of the product life cycle? A. high production costs B. frequent product and process design changes C. limited models D. long production runs
5. Which of the following statement is incorrect about the mission? A. The mission states the rationale for the organization’s existence. B. The mission statement provides boundaries and focus for organizations. C. Each functional area within the firm may develop its own strategy, but not its own supporting mission. D. The mission statement provides the concept around which the firm can rally.
6. According to the authors, which of the following strategic concepts allow firms to achieve their missions? A. distinctive competency, cost leadership, and experience B. differentiation, quality leadership, and response C. productivity, efficiency, and quality leadership D. differentiation, cost leadership, and response E. differentiation, distinctive competency, quality leadership, and capacity
7. Claudia Pragram Technologies, Inc., has narrowed its choice of outsourcing provider to two firms located in different countries. Pragram wants to decide which one of the two countries is the better choice, based on risk-avoidance criteria. She has polled her executives and established four criteria. The resulting ratings for the two countries are presented in the table below, where 1 is a lower risk and 44 is a higher risk. Assume that the executives have determined four criteria weightings: Price, with a weight of 0.1; Nearness, with 0.6; Technology, with 0.2; and History, with 0.1. a) Using the weighted factor-rating method, which country would you select? In the following table, compute the total weighted score for each candidate (enter your responses rounded to one decimal place). Selection Criterion (Risk Factors) Criteria Weight England Canada Price of service from outsourcer 0.100.10 22 33 Nearness of facilities to client 0.600.60 22 22 Level of technology 0.200.20 11 44 History of successful outsourcing 0.100.10 44 44 Total Weighted Score: ???? Based on a comparison of weighted risk scores, Claudia Pragram should choose ▼ CanadaCanada either oneeither one EnglandEngland as the best country for outsourcing.
b) Double each of the weights used in part (a) (to 0.200.20, 1.201.20, 0.400.40, and 0.200.20, respectively). If each weight is doubled, Claudia Pragram should choose ▼ CanadaCanada EnglandEngland either oneeither one as the best country for outsourcing. What effect does doubling the weights have on your answer?
A. The conclusion does not change but the weighted averages change.
B. The conclusion changes but the weighted averages do not change at all.
C. The conclusion changes since the weighted averages change.
D. The conclusion does not change since the weighted averages do not change at all. .
8. A method managers use to evaluate the resources at their disposal and manage or alter them to achieve competitive advantage is referred as A. resources view. B. value-chain analysis. C. five forces analysis. D. competitive advantage.
9. The creation of a unique advantage over competitors is referred as A. experience differentiation. B. competitive advantage. C. response. D. differentiation.
10. Outsourcing is simply an extension of the long-standing practice of: A. postponement. B. exporting. C. subcontracting. D. e-procurement. E. importing.
11. Which of the following did the authors NOT suggest as a reason for globalizing operations? A. improve the supply chain B. pursue stockholder approval ratings C. reduce costs D. understand markets E. attract and retain global talent