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Strategic Management and Competitive Advantage Essay Example

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Strategic Management and Competitive Advantage Essay Example
Operations Management, 10e (Heizer/Render)
Chapter 2 Operations Strategy in a Global Environment

1) NAFTA seeks to phase out all trade and tariff barriers among Canada, Mexico, and the United States.
Answer: TRUE
Diff: 2
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO

2) The World Trade Organization has helped to significantly reduce tariffs around the world.
Answer: TRUE
Diff: 2
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO

3) Production processes are being dispersed to take advantage of national differences in labor costs.
Answer: TRUE
Diff: 2
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO

4) NAFTA seeks to phase out all trade and tariff barriers between the United States and Asia.
Answer: FALSE
Diff: 2
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO

5) One reason for global operations is to gain improvements in the supply chain.
Answer: TRUE
Diff: 2
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO

6) One reason to globalize is to learn to improve operations.
Answer: TRUE
Diff: 1
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO

7) To attract and retain global talent, and to expand a product's life cycle, are both reasons to globalize.
Answer: TRUE
Diff: 2
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO
8) A product will always be in the same stage of its product life cycle regardless of the country.
Answer: FALSE
Diff: 2
Topic: A global view of operations
AACSB: Multicultural and Diversity
Objective: no LO

9) The World Trade Organization helps provide governments and industries around the world with protection from firms that engage in unethical conduct.
Answer: TRUE
Diff: 2
Topic: A global
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