MBA 705 Exam 2 UPDATED ACTUAL Questions And Correct Answers
Terms in this set (143)
Social forces can vary markedly among nations, even TRUE
those whose cultures are similar
The unconscious reference to one's own cultural values as FALSE
a standard of judgment is known as cultural
discrimination.
The rate of technological change varies considerably FALSE
across industries in different nations, but generally not in
the same nation.
On-line shoppers tend to be single, female, and college FALSE
educated
Outsourcing refers to contracting out a firm's non-core, TRUE
non-revenue-producing activities to other organizations
primarily to reduce costs.
Offshoring refers to relocating some or all of a firm's TRUE
manufacturing or other business processes to another
country to reduce costs.
The country accounting for the greatest piece of the U.S. FALSE
trade deficit is Mexico.
One of the reasons that outsourcing/offshoring debates TRUE
are so difficult to resolve is that accurate data can be
difficult to obtain, especially in developing nations.
Commoditization refers to the increasing difficulty firms TRUE
have distinguishing their products and services from
those of their rivals.
Mass customization refers to the ability to individualize TRUE
product and service offerings to meet specific buyer
needs
The process of disaggregation and reaggregation has TRUE
resulted in an increased emphasis on partnerships
The Internet fosters information asymmetry, a state FALSE
whereby the seller and buyer are not likely to share the
same information.
The Internet acts as a distribution channel for many non- TRUE
tangible goods and services
, Environmental scanning refers to the systematic analysis FALSE
of a firm's social responsible activity related to
environmental awareness.
Reading the Wall Street Journal can be an integral part of TRUE
environmental scanning.
Societal values, trends, traditional, and religious practices Social Forces
are examples of
Social forces can All of the above
The unconscious reference to one's own cultural values as the self-reference criterion.
a standard of judgment is known as
Scientific improvements and innovations are examples of None of the above
One of Friedman's primary arguments in The World is Flat recent changes have "leveled the playing field" between firms in developed
is that nations and those in developing nations.
Contracting out a firm's non-core, non-revenue- outsourcing
producing activities to other organizations primarily to
reduce costs is known as
Relocating some or all of a firm's manufacturing or other offshoring
business processes to another country to reduce costs is
known as
The country accounting for the greatest piece of the U.S. China
trade deficit is
When implemented properly, outsourcing can All of the above
Outsourcing efforts can fail because All of the above
Which of the following is not a reason that the All of the above are reasons
outsourcing/offshoring debate is difficult to resolve?
The increasing difficulty firms have distinguishing their Commoditization
products and services from those of their rivals is known
as
The ability to individualize product and service offerings None of the above
to meet specific buyer needs is known as
The decline in unit costs of a product or service that economies of scale
occurs as the absolute volume of production increases is
known as
The internet all of the above
Terms in this set (143)
Social forces can vary markedly among nations, even TRUE
those whose cultures are similar
The unconscious reference to one's own cultural values as FALSE
a standard of judgment is known as cultural
discrimination.
The rate of technological change varies considerably FALSE
across industries in different nations, but generally not in
the same nation.
On-line shoppers tend to be single, female, and college FALSE
educated
Outsourcing refers to contracting out a firm's non-core, TRUE
non-revenue-producing activities to other organizations
primarily to reduce costs.
Offshoring refers to relocating some or all of a firm's TRUE
manufacturing or other business processes to another
country to reduce costs.
The country accounting for the greatest piece of the U.S. FALSE
trade deficit is Mexico.
One of the reasons that outsourcing/offshoring debates TRUE
are so difficult to resolve is that accurate data can be
difficult to obtain, especially in developing nations.
Commoditization refers to the increasing difficulty firms TRUE
have distinguishing their products and services from
those of their rivals.
Mass customization refers to the ability to individualize TRUE
product and service offerings to meet specific buyer
needs
The process of disaggregation and reaggregation has TRUE
resulted in an increased emphasis on partnerships
The Internet fosters information asymmetry, a state FALSE
whereby the seller and buyer are not likely to share the
same information.
The Internet acts as a distribution channel for many non- TRUE
tangible goods and services
, Environmental scanning refers to the systematic analysis FALSE
of a firm's social responsible activity related to
environmental awareness.
Reading the Wall Street Journal can be an integral part of TRUE
environmental scanning.
Societal values, trends, traditional, and religious practices Social Forces
are examples of
Social forces can All of the above
The unconscious reference to one's own cultural values as the self-reference criterion.
a standard of judgment is known as
Scientific improvements and innovations are examples of None of the above
One of Friedman's primary arguments in The World is Flat recent changes have "leveled the playing field" between firms in developed
is that nations and those in developing nations.
Contracting out a firm's non-core, non-revenue- outsourcing
producing activities to other organizations primarily to
reduce costs is known as
Relocating some or all of a firm's manufacturing or other offshoring
business processes to another country to reduce costs is
known as
The country accounting for the greatest piece of the U.S. China
trade deficit is
When implemented properly, outsourcing can All of the above
Outsourcing efforts can fail because All of the above
Which of the following is not a reason that the All of the above are reasons
outsourcing/offshoring debate is difficult to resolve?
The increasing difficulty firms have distinguishing their Commoditization
products and services from those of their rivals is known
as
The ability to individualize product and service offerings None of the above
to meet specific buyer needs is known as
The decline in unit costs of a product or service that economies of scale
occurs as the absolute volume of production increases is
known as
The internet all of the above
