
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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There is very high level of performance ambiguity in firms pursuing a ________ strategy compared to firms pursuing other strategies.
Multiple Choice
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localization
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international
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transnational
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global
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
What are some specific features of outsourcing? Choose all that apply.
a. Outsourcing involves moving jobs overseas to take advantage of cheap labor.
b. Outsourcing does not necessarily involve losing in-house jobs.
c. Outsourcing limits the opportunity for firms to specialize .
d. Outsourcing involves contracting with a third party to perform a specific task.
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Which of the following two strategies do not work well once a number of competitors emerge in the industry?
A. localization and international
B. transnational and global standardization
C. international and global standardization
D. localization and transnational
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The idea of industry structure represents the interdependent relationships among all of the following EXCEPT:
A) harmony among competing firms
B) potential new entrants
C) buyers of inputs
D) substitute products
E) suppliers of inputs
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you need to collect the information about different international business strategies and how these strategies can impact the operations of a multinational corporation.
Rubrics.
Content/ Creativity
Analysis:
Contribution (Or the quality of recommendations
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Identify and describe an American firm of your choice that is challenged in its production operations to support its basic business needs to manufacture a high-quality product, safely, within budget, and on schedule. Its operations management is characterized by a culture that supports the vision and mission statements. This business problem (its production operations) includes a mismanaged supply chain, massive overtime wage payouts to make up for lost time injuries, increasing turnover and no shows at the work site, and where there is a spike in customer complaints resulting in business loss and narrowing profit margins.
As a decision maker, what action plan would you recommend to the senior leadership of the organization to take it from its current conditions to bring it closer to its ideal operating conditions (to become a company known for zero-defects, excellence in supply chain management, customer satisfaction, safe and reliable high-quality products, value to the customer,…
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Boeing got its start in the Pacific Northwest in part because its first airplanes were made using spruce wood for its qualities as a light yet strong wood, but has not used wood for planes for many decades. From this observation, Boeing's persistence in the region can best be described as
a) range.
b) inertia.
c) threshold.
d) labor.
e) technology.
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How can the following help an organization maintain a strong competitive edge?
Strong marketing team
Regular professional development
Good working relationships with stakeholders
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Nike has recently entered the Chinese markets for expansion. This implemented strategy is called market penetration
Select one:
True
False
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_is a large-scale business strategy that brings as many links of the chain as possible into a closer working relationship with each other: Select one:
a. Supply base management
b. Supply chain integration
c. Supplier collaboration
d. Creating linkages
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By emphasizing core competencies when selecting and implementing strategies, companies learn to compete primarily on the basis of:
intangible resources.
their primary activities.
firm-specific differences.
efficiency of production..
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What term is used for corporate development beyond current products and markets, but within the capabilities or the value network of the organisation
a Backward integration
b.Related diversification
c. Vertical integration
d. Divergent diversification
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By integrating vertically,
a. Firms expand into stages of production earlier or later than those in which they specialize
b. Firms coordinate with market processes to produce a good or service most efficiently
c. Firms trade with one another through government intermediation
d. Firms parcel out the various procedures involved in producing a good among various contractors
e. Firms trade with one another through markets
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