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Homework answers / question archive / University of Waterloo AFM 231 CHAPTER 2 OPERATIONS STRATEGY IN A GLOBAL ENVIRONMENT 1)What is a graphical link of competitive advantage, KSFs, and supporting activities? A

University of Waterloo AFM 231 CHAPTER 2 OPERATIONS STRATEGY IN A GLOBAL ENVIRONMENT 1)What is a graphical link of competitive advantage, KSFs, and supporting activities? A

Business

University of Waterloo

AFM 231

CHAPTER 2 OPERATIONS STRATEGY IN A GLOBAL ENVIRONMENT

1)What is a graphical link of competitive advantage, KSFs, and supporting activities?

A.            product life cycle

B.            key success factor network C.competitive success grid D.activity map

 

 

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

A.            limited models

B.            frequent product and process design changes

C.            high production costs D. long production runs

 

3. Assume the following table includes the corruption perception index developed by Transparency International. Based on the table provided, rank the following countries from most corrupt to least: Brazil, Singapore, Denmark, the U.S., Australia, and China.

LOADING... Click the icon to view the table for the corruption perception index. Rank the countries from most corrupt to least. Choose the correct answer below.

A.            China, Brazil, the U.S., Australia, Singapore, and Denmark.

B.            China, the U.S., Australia, Brazil, Denmark, and Singapore. C. Denmark, Singapore, Australia, the U.S., Brazil, and China.

D. Singapore, the U.S., Australia, Denmark, China, and Brazil.

 

 

 

 

4. The creation of a unique advantage over competitors is referred as

A.            response.

B.            competitive advantage.

C.            experience differentiation.

D.            differentiation.

 

5. Which of these is NOT a disadvantage of outsourcing?

A.            risks may not manifest themselves for years

B.            negative impact on employees

C.            loss of control

D.            decreased logistics and inventory costs

 

6. What is the difference between a multinational corporation (MNC) and an international business?

A.            There is no difference.

B.            The international business has been in existence longer than the multi-national firm.

C.            For the multinational firm, the business done outside the country is especially significant.

D.            The international business has sites in a larger number of countries.

 

7. Competing on cost is

A.            concerned with uniqueness.

B.            based upon flexibility.

C.            achieving maximum value as perceived by the customer.

D.            concerned with reliability of scheduling.

 

8. Which of the following international operations strategies involves a high degree of centralization?

A.            multidomestic

B.            international C. global

D. Transnational

 

9. Which of the following is NOT one of the three strategic approaches to competitive advantage?

A.            response

B.            differentiation C. innovation

D. cost leadership

 

10. Does Boeing practice a multinational operations strategy, a global operations strategy, or a transnational operations strategy? Support your choice with specific references to Boeing's operations and the characteristics of each type of organization.

 

A.            Transnational. Its material, people, and ideas transgress national boundaries. It combines the benefits of global-scale efficiencies with the benefits of local responsiveness. It is not global because the core competence does not reside in just the "home" country but can exist anywhere in the organization.

B.            Global. Its level of integration goes beyond multinational. The collection of parts and subassemblies coming from other countries is carefully orchestrated. It is not transnational because its "home" is clearly the U.S., and there is little sense of "local responsiveness."

C.            Multinational. Its level of integration is not enough to be global. Also it buys resources, creates goods and services, and sell goods and services in a variety of countries.

 

11. A method manager 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.

 

12. Which one of the following statements is incorrect regarding globalization and globalization strategies?

A.            Globalization strategies could add value to products and services.

B.            Globalization strategies could contribute to efficiency.

C.            Globalization means customers, talent, and suppliers are worldwide. D.Globalization strategies could simplify the operations manager's job

 

13. Which of the following statement is incorrect about the mission?

A.            The mission statement provides boundaries and focus for organizations.

B.            The mission states the rationale for the organization's existence.

C.            The mission statement provides the concept around which the firm can rally.

D.            Each functional area within the firm may develop its own strategy, but not its own supporting mission.

 

14. Fish is a favorite menu item served at Darden Restaurants in the U.S.A. and Canada.

Which of the list below is not included in the procedure of processing the finest fish available?

A.            completely rely on the suppliers to handle shipment to Darden under their auspices

B.            import statistics

C.            reach out to network of existing fish vendors

D.            outsourcing best suppliers globally

 

 

 

 

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