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Response-based competitive advantage can be:


A) flexible response.
B) reliable response.
C) quick response.
D) all of the above.
E) none of the above.

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Which of the following statements is true?


A) Corporate mission is shaped by functional strategies.
B) Corporate strategy is shaped by functional strategies.
C) Functional strategies are shaped by corporate strategy.
D) External conditions are shaped by corporate mission.
E) Functional area missions are merged to become the organizational mission.

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Outsourcing is simply an extension of the long-standing practice of:


A) subcontracting.
B) importing.
C) exporting.
D) postponement.
E) e-procurement.

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Which of the following has made the LEAST progress along its product life cycle?


A) drive-through restaurants
B) Boeing 787
C) iPods
D) 3-D game players
E) Xbox 360

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Which of the following has progressed the FURTHEST along its product life cycle?


A) drive-through restaurants
B) Boeing 787
C) iPods
D) 3-D game players
E) Xbox 360

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


A) introduction
B) growth
C) maturity
D) decline
E) retirement

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The ________ strategy describes a condition in which material,people,and ideas cross or transgress national boundaries.

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Which of the following statements is most correct?


A) KSFs are often necessary,but not sufficient for competitive advantage.
B) KSFs are often sufficient,but not necessary for competitive advantage.
C) KSFs are neither necessary nor sufficient for competitive advantage.
D) KSFs are both necessary and sufficient for competitive advantage.
E) None of the above statements is correct.

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

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

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the World ...

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Which of the following is not an advantage of outsourcing?


A) cost savings
B) gaining outside expertise
C) improving operations and service
D) outsourcing core competencies
E) accessing outside technology

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Outsourcing is an extension of the long-standing practice of ________ production activities.

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

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differenti...

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


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

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


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

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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.

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comparativ...

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A product will always be in the same stage of its product life cycle regardless of the country.

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Outsourcing manufacturing is also known as:


A) license manufacturing.
B) sublease manufacturing.
C) concurrent manufacturing.
D) hollow manufacturing.
E) contract manufacturing.

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According to the authors,which of the following strategic concepts allow firms to achieve their missions?


A) productivity,efficiency,and quality leadership
B) differentiation,cost leadership,and response
C) differentiation,quality leadership,and response
D) distinctive competency,cost leadership,and experience
E) differentiation,distinctive competency,quality leadership,and capacity

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