OBJECTIVE ASSESSMENT PREP GUIDE
&TERMINOLOGIES ACTUAL EXAM COMPLETE
EXAM REAL TESTBANK 75O QUESTION AND
CORRECT ANSWERS (VERIFIED ANSWERS )
which is not true regarding differences between goods and services?
A. Services tend to have a more inconsistent product definition than goods
B. Services are generally produced and consumed simultaneously; tangible
goods are not
C. Goods tend to have higher customer interaction than services
D. Services tend to be more knowledge-based than products
E. None of the above is true - answer-C. Goods tend to have higher
customer interaction than services
Examples of response to the global environment include.
A. Boeing's worldwide sales and production
B. A Chinese manufacturer, Haier, opening plants in the United States
C. Ford's partnerships with Volvo and Mazda
D. Benneton's flexibility in design, production, and distribution
E. all the above are examples - answer-E. All the above are examples
Which of the following does not represent reasons for globalizing
operations?
A. improve supply chain
, B. reduce costs
C. reduce responsiveness
D. Attract and retain global talent
E. All of the above are valid reasons for globalizing operations - answer-C.
Reduce responsiveness
NAFTA seeks to
A. phase out all trade and tariff barriers between the United States and
Mexico
B. curb illegal immigration from Mexico to the United States
C. substitute cheap labor in Mexico for expensive labor in the United States
D. phase out all trade and tariff barriers between the United States,
Canada, and Mexico
E. all of the above are NAFTA goals - answer-D. phase out all trade and
tariff barriers between the United States, Canada, and Mexico
Which of the following is an example of globalization of operations
strategy?
A. Ford's new auto models have dent-resistant panels
B. A Chinese manufacturer, Haier, now operates plants in the United
States
C. Hard Rock Cafe provides an "experience differentiation" at its
restaurants.
D. Boeing's Dreamliner has engines with higher fuel/payload efficiency
E. all of the above are examples - answer-B. A Chinese manufacturer,
Haier, now operates plants in the United States
The term maquiladora is most synonymous with