Lesson 1 Exam
Question 1 points
Which of the following is an example of a best-cost provider strategy?
Question options:
a) Different car manufacturers compete in the tiny super car category with prices starting at $150,000
and running as high as $600,000.
b) Aerodoungle's Eridla brand is considered a luxury car. Some of Eridla's models like the ES model,
however are in the midrange prices for cars.
c) Global furniture retailer Rusticwood provides customers with affordable solutions for better living
by offering home furnishings that combine good design, function, and quality with low prices.
d) Wild Hog builds motorcycles that target only the high end of the heavyweight market–the high–en
names such as Wolf, Mastiff, and Bulldog.
Question 2 points
A geoeconomic challenge of operating in the digital world is differences in:
Question options:
a) network infrastructures.
b) the concept of time and life focus.
c) measurement units.
d) export and import regulations.
Question 3 points
Which of the following is a governmental challenge of operating in the digital world?
Question options:
, a) Differences in power distance and uncertainty avoidance
b) Import and export regulations
c) Aging population in the United States
d) Video conferences across different time zones
Question 4 points
Value creation occurs when an organization can:
Question options:
a) sell more products at the same price over a given period.
b) create new products in an industry.
c) provide products at a lower cost or with superior benefits to the customer.
d) increase its customer base over time.
Question 5 points
With respect to organizational decision-making levels, decisions can be programmed
directly into operational information systems so that they can be made with little or no human
intervention.
Question options:
a) structured
b) semistructured
c) unstructured
d) comparative
Question 1 points
Which of the following is an example of a best-cost provider strategy?
Question options:
a) Different car manufacturers compete in the tiny super car category with prices starting at $150,000
and running as high as $600,000.
b) Aerodoungle's Eridla brand is considered a luxury car. Some of Eridla's models like the ES model,
however are in the midrange prices for cars.
c) Global furniture retailer Rusticwood provides customers with affordable solutions for better living
by offering home furnishings that combine good design, function, and quality with low prices.
d) Wild Hog builds motorcycles that target only the high end of the heavyweight market–the high–en
names such as Wolf, Mastiff, and Bulldog.
Question 2 points
A geoeconomic challenge of operating in the digital world is differences in:
Question options:
a) network infrastructures.
b) the concept of time and life focus.
c) measurement units.
d) export and import regulations.
Question 3 points
Which of the following is a governmental challenge of operating in the digital world?
Question options:
, a) Differences in power distance and uncertainty avoidance
b) Import and export regulations
c) Aging population in the United States
d) Video conferences across different time zones
Question 4 points
Value creation occurs when an organization can:
Question options:
a) sell more products at the same price over a given period.
b) create new products in an industry.
c) provide products at a lower cost or with superior benefits to the customer.
d) increase its customer base over time.
Question 5 points
With respect to organizational decision-making levels, decisions can be programmed
directly into operational information systems so that they can be made with little or no human
intervention.
Question options:
a) structured
b) semistructured
c) unstructured
d) comparative
