TTU ISQS 3344 Flamm - Exam 1 Review (2025) ACTUAL EXAM
TTU ISQS 3344 Flamm - Exam 1 Review
(TESTING REAL EXAM QUESTIONS) AND VERIFIED ANSWERS
Study online at https://quizlet.com/_fejkxk
(MULTIPLE CHOICES) |
1. How does China maintain such a low currency valua- b
tion?
a. By employing alien labor
b. By dumping currency into the economy
c. By utilizing old world technology
d. China's currency valuation is rising steadily
2. Why do we (US) import so much Canadian oil? c
a. It's better quality
b. Actually we don't import any oil from Canada
c. Our currency is higher in valuation than the Canadi-
an dollar
d. They throw in good Canadian whiskey for every gal-
lon of oil we buy from them
3. Why did productivity go up in 2008 - 09? c
a. Workers got huge raises
b. Government spending increased sharply
c. Housing Bubble
d. Drug trade in the US dropped off
e. Many people went back to school
4. Why did employment numbers drop after WW 2? a
a. Many quantitative techniques were perfected in the
war
b. Women chose to become stay at home Moms
c. Demand dropped off sharply
d. Men back from the war didn't go back to their jobs
1/9
, TTU ISQS 3344 Flamm - Exam 1 Review
Study online at https://quizlet.com/_fejkxk
5. A good core competency for a company to compete on b
cost?
a. High priced labor
b. Good relationship with outside contractors
c. Excellent R&D
d. Very strong union presence
6. During 2007 - 08 SW Airlines utilized what very unusual d
strategy to increase profit?
a. Low cost fares
b. Free meals on board
c. Free cocktails
d. Fuel hedging
7. What is a good way to measure level of innovation? a
A. Average length of time to develop new products/ser-
vices
b. Sales on current products/services
c. Amount of money spent on marketing
d. Average age of employees
8. What is a core competency that enables Walmart to d
compete on cost?
a. Large number of stores
b. Lower level product quality
c. Each store has its own purchasing department
d. Bulk purchases
9. b
2/9
TTU ISQS 3344 Flamm - Exam 1 Review
(TESTING REAL EXAM QUESTIONS) AND VERIFIED ANSWERS
Study online at https://quizlet.com/_fejkxk
(MULTIPLE CHOICES) |
1. How does China maintain such a low currency valua- b
tion?
a. By employing alien labor
b. By dumping currency into the economy
c. By utilizing old world technology
d. China's currency valuation is rising steadily
2. Why do we (US) import so much Canadian oil? c
a. It's better quality
b. Actually we don't import any oil from Canada
c. Our currency is higher in valuation than the Canadi-
an dollar
d. They throw in good Canadian whiskey for every gal-
lon of oil we buy from them
3. Why did productivity go up in 2008 - 09? c
a. Workers got huge raises
b. Government spending increased sharply
c. Housing Bubble
d. Drug trade in the US dropped off
e. Many people went back to school
4. Why did employment numbers drop after WW 2? a
a. Many quantitative techniques were perfected in the
war
b. Women chose to become stay at home Moms
c. Demand dropped off sharply
d. Men back from the war didn't go back to their jobs
1/9
, TTU ISQS 3344 Flamm - Exam 1 Review
Study online at https://quizlet.com/_fejkxk
5. A good core competency for a company to compete on b
cost?
a. High priced labor
b. Good relationship with outside contractors
c. Excellent R&D
d. Very strong union presence
6. During 2007 - 08 SW Airlines utilized what very unusual d
strategy to increase profit?
a. Low cost fares
b. Free meals on board
c. Free cocktails
d. Fuel hedging
7. What is a good way to measure level of innovation? a
A. Average length of time to develop new products/ser-
vices
b. Sales on current products/services
c. Amount of money spent on marketing
d. Average age of employees
8. What is a core competency that enables Walmart to d
compete on cost?
a. Large number of stores
b. Lower level product quality
c. Each store has its own purchasing department
d. Bulk purchases
9. b
2/9
