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OM 300 Exam 1 – Northam| High Quality
Questions With Comprehensive Answers
2026
How is change in productivity calculated? - correct-answer-((New value - old
value) / old value) x 100
Multi-factor outputs and inputs are often expressed as: - correct-answer-Dollar
amounts
Measurements problems with productivity calculations: - correct-answer-1.
Quality may change while quantity of inputs and outputs remain consistent
2. External elements may cause an increase or decrease in productivity (i.e:
weather causing a shutdown for some time)
3. Precise units of measurements may be lacking
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What 3 factors affect productivity? - correct-answer-1. Labor - Work done
(contributes about 10% of the annual increase)
2. Capital - Investments in tools to make labor easier; i.e: building, tools, property
etc. (contributes about 38% of the annual increase)
3. Management - Higher level staff that ensure labor and capital are used
effectively (contributes about 52% of the annual increase)
Chapter 2: Operations Strategy in a Global Environment - correct-answer-N/a
Examples of Global Companies: - correct-answer-1. Boeing
2. Benetton
3. Sony
4. Volvo
5. Haier
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Why do companies choose to expand globally? - correct-answer-A. Tangible
Reasons
1. Improve Supply Chain - locating facilities in countries
where unique resources are available
2. Reduce Costs and Exchange Rate Risks - reduce risks
associated with changing currency values and reduce
direct costs
3. Improve Operations - learn from better understanding of
management innovations in different countries
4. Understand Markets - learn about opportunities for new
products and services
B. Intangible Reasons
5. Improve Products
6. Attract and Retain Global Talent
4 International Operations Strategies - correct-answer-1. International:
Import/Export or license existing product; easiest but least profitable (example:
Harley Davidson)
OM 300 Exam 1 – Northam| High Quality
Questions With Comprehensive Answers
2026
How is change in productivity calculated? - correct-answer-((New value - old
value) / old value) x 100
Multi-factor outputs and inputs are often expressed as: - correct-answer-Dollar
amounts
Measurements problems with productivity calculations: - correct-answer-1.
Quality may change while quantity of inputs and outputs remain consistent
2. External elements may cause an increase or decrease in productivity (i.e:
weather causing a shutdown for some time)
3. Precise units of measurements may be lacking
,2|Page
What 3 factors affect productivity? - correct-answer-1. Labor - Work done
(contributes about 10% of the annual increase)
2. Capital - Investments in tools to make labor easier; i.e: building, tools, property
etc. (contributes about 38% of the annual increase)
3. Management - Higher level staff that ensure labor and capital are used
effectively (contributes about 52% of the annual increase)
Chapter 2: Operations Strategy in a Global Environment - correct-answer-N/a
Examples of Global Companies: - correct-answer-1. Boeing
2. Benetton
3. Sony
4. Volvo
5. Haier
, 3|Page
Why do companies choose to expand globally? - correct-answer-A. Tangible
Reasons
1. Improve Supply Chain - locating facilities in countries
where unique resources are available
2. Reduce Costs and Exchange Rate Risks - reduce risks
associated with changing currency values and reduce
direct costs
3. Improve Operations - learn from better understanding of
management innovations in different countries
4. Understand Markets - learn about opportunities for new
products and services
B. Intangible Reasons
5. Improve Products
6. Attract and Retain Global Talent
4 International Operations Strategies - correct-answer-1. International:
Import/Export or license existing product; easiest but least profitable (example:
Harley Davidson)
