Question 1

Given the position of CD-ROM's in the decline stage of its life cycle, which of the following OM strategies or issues should the makers of CD-ROM's be least concerned with at the current time?
A) forecasting
B) cost minimization
C) over capacity in the industry
D) pruning lines
E) reduce capacity

Accepted Answer

Forecasting demand for CD-ROMs is less critical in the decline stage because the focus shifts to managing the reduction in demand, cost control, and possibly exiting the market. Strategies like cost minimization, addressing overcapacity, pruning product lines, and reducing capacity become more relevant to manage declining sales effectively.

Question 2

________ is a free trade agreement among Canada, Mexico, and the United States.

Accepted Answer

The answer of ________ is a free trade agreement among...

Question 3

The ________ is an organization that has worked to achieve global uniformity in cultural and ethical issues such as bribery, child labour, and environmental regulations.

Accepted Answer

The answer of The ________ is an organization that has...

Question 4

Given the position of drive through restaurants in the maturity stage of its life cycle, which of the following OM strategies or issues should the makers of CD-ROM's be most concerned with at the current time?
A) forecasting
B) standardization
C) over capacity in the industry
D) pruning lines
E) reduce capacity

Accepted Answer

The answer of Given the position of drive through restaurants...

Question 5

Boeing found its Dreamliner 787 partners in over a dozen ________.

Accepted Answer

The answer of Boeing found its Dreamliner 787 partners in...

Question 6

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

Accepted Answer

The answer of A(n) ________ is a firm that has...

Question 7

The ________ strategy utilizes a standardized product across countries.

Accepted Answer

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

Question 8

Service organizations can immerse the consumer in the service, or have the consumer become a participant in the service, as they practise ________.

Accepted Answer

The answer of Service organizations can immerse the consumer in...

Question 9

________ are areas located along the U.S.-Mexico border in which factories receive preferential tariff treatment.

Accepted Answer

The answer of ________ are areas located along the U.S.-Mexico...

Question 10

The ________ strategy uses exports and licences to penetrate globally.

Accepted Answer

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

Question 11

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

Accepted Answer

The answer of Competitive advantage in operations can be achieved...

Question 12

The ________ is how an organization expects to achieve its missions and goals.

Accepted Answer

The answer of The ________ is how an organization expects...

Question 13

Given the position of Google Home in the growth stage of its life cycle, which of the following OM strategies or issues should Google (makers of Google Home) be least concerned with at the current time?
A) forecasting
B) cost cutting
C) increasing capacity
D) product and process reliability
E) enhancing distribution

Accepted Answer

During the growth stage of the product life cycle, the focus is on increasing sales and market share. Cost cutting measures are usually not a priority at this stage as the demand for the product is increasing and the company needs to invest in resources to meet this demand. Therefore, cost cutting should be the least of Google's concerns at this time. The other options are all important in the growth stage, as the company needs to forecast demand, increase capacity, ensure reliability, and enhance distribution channels to meet the growing demand for the product.

Question 14

________ is the stage in product life cycle at which it is a poor time to change quality.

Accepted Answer

The answer of ________ is the stage in product life...

Question 15

Given the position of Tesla in the growth stage of its life cycle, which of the following OM strategies or issues should Tesla (makers of electric cars) be least concerned with at the current time?
A) forecasting
B) cost cutting
C) increasing capacity
D) product and process reliability
E) enhancing distribution

Accepted Answer

In the growth stage of its life cycle, Tesla's main focus should be on increasing capacity and enhancing distribution to meet the growing demand for its electric cars. Forecasting and product/process reliability are crucial to ensure efficient production and quality control. However, cost-cutting may not be the top priority as the company is still in the growth stage and needs to make investments to expand its operations.

Question 16

________ and ________ are two issues where significant cultural differences are large and progress toward global uniformity has been slow.

Accepted Answer

The answer of ________ and ________ are two issues where...

Question 17

Experience differentiation is an extension of ________ differentiation, accomplished by using people's five senses to create an experience rather than simply providing a service.

Accepted Answer

The answer of Experience differentiation is an extension of ________...

Question 18

Strategy is not static, but dynamic because of changes in the ________ and ________.

Accepted Answer

The answer of Strategy is not static, but dynamic because...

Question 19

The creation of a unique advantage over competitors is called a ________.

Accepted Answer

The answer of The creation of a unique advantage over...

Question 20

In goods-producing organizations, ________, ________, and ________ may be inventoried.

Accepted Answer

The answer of In goods-producing organizations, ________, ________, and ________...

Quiz 2: Operations Strategy in a Global Environment

Given the position of CD-ROM's in the decline stage of its life cycle, which of the following OM strategies or issues should the makers of CD-ROM's be least concerned with at the current time?

________ is a free trade agreement among Canada, Mexico, and the United States.

The ________ is an organization that has worked to achieve global uniformity in cultural and ethical issues such as bribery, child labour, and environmental regulations.

Given the position of drive through restaurants in the maturity stage of its life cycle, which of the following OM strategies or issues should the makers of CD-ROM's be most concerned with at the current time?

Boeing found its Dreamliner 787 partners in over a dozen ________.

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

The ________ strategy utilizes a standardized product across countries.

Service organizations can immerse the consumer in the service, or have the consumer become a participant in the service, as they practise ________.

________ are areas located along the U.S.-Mexico border in which factories receive preferential tariff treatment.

The ________ strategy uses exports and licences to penetrate globally.

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

The ________ is how an organization expects to achieve its missions and goals.

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

________ is the stage in product life cycle at which it is a poor time to change quality.

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

and are two issues where significant cultural differences are large and progress toward global uniformity has been slow.

Experience differentiation is an extension of ________ differentiation, accomplished by using people's five senses to create an experience rather than simply providing a service.

Strategy is not static, but dynamic because of changes in the and .

The creation of a unique advantage over competitors is called a ________.

In goods-producing organizations, , , and may be inventoried.