SCMA 331 Exam 1 Chap 2 ACTUAL QUESTIONS AND CORRECT ANSWERS

SCMA 331 Exam 1 Chap 2 ACTUAL
QUESTIONS AND CORRECT ANSWERS
Boeing's development of the 787 Dreamliner is an example of a company
obtaining a competitive advantage through product differentiation/innovation. -
CORRECT ANSWERS True


NAFTA seeks to phase out all trade and tariff barriers among Canada, Mexico,
and the United States. - CORRECT ANSWERS True


The World Trade Organization has helped to significantly reduce tariffs around
the world. - CORRECT ANSWERS True


Production processes are being dispersed to take advantage of national
differences in labor costs - CORRECT ANSWERS True


NAFTA seeks to phase out all trade and tariff barriers between the United States
and Asia. - CORRECT ANSWERS False


One reason for global operations is to gain improvements in the supply chain. -
CORRECT ANSWERS True


One reason to globalize is to learn to improve operations. - CORRECT
ANSWERS True


To attract and retain global talent, and to expand a product's life cycle, are both
reasons to globalize. - CORRECT ANSWERS True


A product will always be in the same stage of its product life cycle regardless of
the country. - CORRECT ANSWERS False

,The World Trade Organization helps provide governments and industries around
the world with protection from firms that engage in unethical conduct. -
CORRECT ANSWERS True


Which of the following statements regarding the Dreamliner 787 is true?
A) Boeing has found partners in over a dozen countries.
B) The new aircraft incorporates a wide range of aerospace technologies.
C) The new aircraft uses engines from not one, but two manufacturers.
D) Boeing will add only 20 to 30 percent of the aircraft's value.
E) All of the above are true. - CORRECT ANSWERS E) all of the above
are true


Boeing's new 787 Dreamliner:
A) is assembled in Washington, D.C.
B) uses engines from Japan.
C) has its fuselage sections built in Australia.
D) has increased efficiency from new engine technology.
E) results from a partnership of about a dozen companies. - CORRECT
ANSWERS D) has increased efficiency from new engine technology.


Cost cutting in international operations can take place because of:
A) lower taxes and tariffs.
B) lower wage scales.
C) lower indirect costs.
D) less stringent regulations.
E) all of the above. - CORRECT ANSWERS E) all of the above.

, Which of the following did the authors NOT suggest as a reason for globalizing
operations?
A) reduce costs
B) improve the supply chain
C) pursue stockholder approval ratings
D) understand markets
E) attract and retain global talent - CORRECT ANSWERS C) pursue
stockholder approval ratings


Multinational organizations can shop from country to country and cut costs
through:
A) lower wage scales.
B) lower indirect costs.
C) less stringent regulations.
D) lower taxes and tariffs.
E) all of the above. - CORRECT ANSWERS E) all of the above.


The term maquiladora is most synonymous with:
A) free trade zones in Mexico.


B) Chinese forced labor camps.


C) home-based or cottage industry.


D) areas that do not meet U.S. standards for workplace safety and pollution.


E) tax breaks provided by some South American countries to other South
American countries. - CORRECT ANSWERS A) free trade zones in
Mexico.