Question 1

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

Accepted Answer

The answer of ________ are areas located along the United...

Question 2

Which of the following is true of maquiladoras?

Accepted Answer

A)  They discourage foreign businesses from outsourcing.
B)  They assess tariffs only on the value-added work done.
C)  They originated in China.
D)  None of the above
E)  All of the aboveF) C) and E)
G) B) and C)

Question 3

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 4

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) All of the above
G) B) and D)

Question 5

The purpose of NAFTA is to:

Accepted Answer

A)  substitute cheap labor in Mexico for expensive labor in the United States.
B)  curb illegal immigration from Mexico to the United States.
C)  phase out all trade and tariff barriers between North America and South America.
D)  phase out all trade and tariff barriers between the United States,Canada,and Mexico.
E)  provide fair and equitable tariff rates for trade between the United States,Canada,and Mexico.F) C) and E)
G) B) and D)

Question 6

Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?

Accepted Answer

A)  product research
B)  human resources
C)  process innovation
D)  quality management
E)  all of the aboveF) C) and D)
G) None of the above

Question 7

The World Trade Organization has helped to significantly reduce tariffs around the world.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following did the authors NOT suggest as a reason for globalizing operations?

Accepted Answer

A)  reduce costs
B)  improve the supply chain
C)  pursue stockholder approval ratings
D)  understand markets
E)  attract and retain global talentF) A) and C)
G) D) and E)

Question 9

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

Accepted Answer

Bribery,pr...

Question 10

NAFTA seeks to phase out all trade and tariff barriers between the United States and Asia.

Accepted Answer

A) True 
 B)False

Question 11

The theory of comparative advantage implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Accepted Answer

A) True 
 B)False

Question 12

Perform an SWOT analysis of Boeing's 787 Dreamliner using the information presented in the text.

Accepted Answer

Strengths-Technological advances (8% inc...

Question 13

Porter's Five Forces Model is used to evaluate competition based on which 5 aspects?

Accepted Answer

A)  research and development,cost,legal regulations,suppliers,customers
B)  immediate rivals,potential entrants,customers,suppliers,and substitute products
C)  potential entrants,customers,suppliers,legal regulations,and cost
D)  immediate rivals,potential entrants,cost,substitute products,and legal regulations
E)  cost,legal regulations,advertising effectiveness,potential entrants,and immediate rivalsF) D) and E)
G) All of the above

Question 14

The theory of ________ implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Accepted Answer

comparativ...

Question 15

Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned with at the present time?

Accepted Answer

A)  increase capacity
B)  long production runs
C)  standardization
D)  cost cutting
E)  fewer rapid product changesF) C) and E)
G) A) and E)

Question 16

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) A) and C)
G) A) and D)

Question 17

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) A) and E)
G) A) and C)

Question 18

The term maquiladora is most synonymous with:

Accepted Answer

A)  free trade zones in Mexico.
B)  Chinese forced labor camps.
C)  home-based or cottage industry.
D)  areas that do not meet U.S.standards for workplace safety and pollution.
E)  tax breaks provided by some South American countries to other South American countries.F) None of the above
G) B) and E)

Question 19

Which of the following does NOT represent a valid reason for globalizing operations?

Accepted Answer

A)  reduce costs
B)  improve the supply chain
C)  reduce responsiveness
D)  attract and retain global talent
E)  understand marketsF) A) and E)
G) B) and D)

Question 20

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

Accepted Answer

A)  introduction
B)  growth
C)  adolescence
D)  decline
E)  retirementF) A) and B)
G) None of the above

Exam 2: The Global Environment and Operations Strategy

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

Correct Answer
verified

Perform an SWOT analysis of Boeing's 787 Dreamliner using the information presented in the text.

Correct Answer
verified
Strengths-Technological advances (8% inc...
View Answer

The term maquiladora is most synonymous with:

Correct Answer
verified

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

Correct Answer
verified

Porter's Five Forces Model is used to evaluate competition based on which 5 aspects?

Correct Answer
verified

The World Trade Organization has helped to significantly reduce tariffs around the world.

Correct Answer
verified

Which of the following represents a reason for globalizing operations?

Correct Answer
verified

Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?

Correct Answer
verified

NAFTA seeks to phase out all trade and tariff barriers between the United States and Asia.

Correct Answer
verified

The purpose of NAFTA is to:

Correct Answer
verified

Which of the following does NOT represent a valid reason for globalizing operations?

Correct Answer
verified

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

Correct Answer
verified

The theory of comparative advantage implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Correct Answer
verified

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

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

Correct Answer
verified

Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned with at the present time?

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

Which of the following is true of maquiladoras?

Correct Answer
verified

The theory of ________ implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Correct Answer
verified
comparativ...
View Answer

Which of the following did the authors NOT suggest as a reason for globalizing operations?

Correct Answer
verified

Exam 2: The Global Environment and Operations Strategy

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

Correct AnswerverifiedShow Answer

Perform an SWOT analysis of Boeing's 787 Dreamliner using the information presented in the text.

Correct AnswerverifiedStrengths-Technological advances (8% inc...View AnswerShow Answer

The term maquiladora is most synonymous with:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Porter's Five Forces Model is used to evaluate competition based on which 5 aspects?

Correct AnswerverifiedShow Answer

The World Trade Organization has helped to significantly reduce tariffs around the world.

Correct AnswerverifiedShow Answer

Which of the following represents a reason for globalizing operations?

Correct AnswerverifiedShow Answer

Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?

Correct AnswerverifiedShow Answer

NAFTA seeks to phase out all trade and tariff barriers between the United States and Asia.

Correct AnswerverifiedShow Answer

The purpose of NAFTA is to:

Correct AnswerverifiedShow Answer

Which of the following does NOT represent a valid reason for globalizing operations?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The theory of comparative advantage implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Correct AnswerverifiedShow Answer

Correct Answerverified1.World trade2.Glob...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned with at the present time?

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

Which of the following is true of maquiladoras?

Correct AnswerverifiedShow Answer

The theory of ________ implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.

Correct Answerverifiedcomparativ...View AnswerShow Answer

Which of the following did the authors NOT suggest as a reason for globalizing operations?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
Strengths-Technological advances (8% inc...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

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

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
comparativ...
View Answer

Correct Answer
verified