Rutgers University PSYCHOLOGY 01:830:123 Ch

Rutgers University

PSYCHOLOGY 01:830:123

Ch.2 Sample Test

1)SWOT analysis refers to

2. An international business is a firm that

3. Which of the following is NOT one of the 10 strategic OM decisions listed in the text?

4. Which of the following is NOT an OM strategy/issue during the growth stage of the product life cycle?

5. Which of the following is the purpose or rationale for an organization's existence?

6. Ranga Ramasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing providers. The first step is to select a country based on cultural risk factors, which are critical to eventual business success with the provider. Ranga has reviewed outsourcing provider directories and found that the four countries in the table below have an ample number of providers from which they can choose. To aid in the country selection step, he has enlisted the aid of a cultural expert, John Wang, who has provided ratings of the various criteria in the table below.

The resulting ratings are on a 1 to 10 scale, where 1 is a low risk and 10 is a high risk. Further, John Wang has determined six criteria weightings. Trust, with a weight of 0.40; Quality, with 0.20; Religious, with0.10; Individualism, with 0.10; Time, with 0.10; and Uncertainty, with 0.10. Using the weighted factor-rating method, which country should Ranga select?

In the following table, compute the total weighted score for each candidate