Question 1

Today,due to improved technology,it is fairly easy to persuade an outside supplier to make significant modifications to a component.

Accepted Answer

A) True 
 B)False

Question 2

The decentralization of production facilities is a typical policy for companies that pursue ________.

Accepted Answer

A) a multinational strategy 
B) a global strategy 
C) mass customization 
D) vertical integration 
A) a multinational strategy 
B) a global strategy 
C) mass customization 
D) vertical integration

Question 3

A loan in which a parent company deposits money with a host-country bank,which then lends the money to a subsidiary located in the host country is called a ________.

Accepted Answer

A) syndicated loan 
B) back-to-back loan 
C) mortgage loan 
D) title loan 
A) syndicated loan 
B) back-to-back loan 
C) mortgage loan 
D) title loan

Question 4

Scenario: Wilson Industries Inc.
Wilson Industries Inc.is a multinational firm that designs and produces premium leather bags for major destinations worldwide.The company's board of directors is meeting to discuss changes that might be needed in the company's operations.
-If the board discusses the spatial arrangement of production processes within Wilson's production facilities,they will be engaging in ________.

Accepted Answer

A) capacity planning 
B) facilities location planning 
C) process planning 
D) facilities layout planning 
A) capacity planning 
B) facilities location planning 
C) process planning 
D) facilities layout planning

Question 5

Just-in-time manufacturing drastically reduces the costs associated with large inventories in the production process.

Accepted Answer

A) True 
 B)False

Question 6

An Asian jewelry company maintains production facilities in South Korea,Vietnam,and Malaysia.Which of the following is the company exemplifying?

Accepted Answer

A) lean production 
B) decentralized production 
C) vertical integration 
D) continuous production 
A) lean production 
B) decentralized production 
C) vertical integration 
D) continuous production

Question 7

How is process planning affected by a company's business-level strategy? How can outsourcing lower risk for firms?

Accepted Answer

Deciding on the process that a company w

Question 8

Which of the following factors has the least effect on facilities layout planning?

Accepted Answer

A) supply of land in a nation 
B) cost of land in a nation 
C) a firm's production process 
D) age of the company 
A) supply of land in a nation 
B) cost of land in a nation 
C) a firm's production process 
D) age of the company

Question 9

Transportation costs are one of the driving forces behind the globalization of the ________ industry.

Accepted Answer

A) health care 
B) publishing 
C) software 
D) steel 
A) health care 
B) publishing 
C) software 
D) steel

Question 10

A company using just-in-time (JIT)manufacturing involves ________.

Accepted Answer

A) increased availability of components in large inventories 
B) quicker detection of defective materials and components 
C) easier training of sales staff regarding product descriptions 
D) benefits stemming from combining several Japanese technologies 
A) increased availability of components in large inventories 
B) quicker detection of defective materials and components 
C) easier training of sales staff regarding product descriptions 
D) benefits stemming from combining several Japanese technologies

Question 11

Deciding the sequence of operations a company will use to create its product is called ________.

Accepted Answer

A) product planning 
B) capacity planning 
C) location economies 
D) process planning 
A) product planning 
B) capacity planning 
C) location economies 
D) process planning

Question 12

Scenario: Audio Component Outsourcing
Echo Corporation manufactures high-quality audio components,such as speakers,amplifiers,and receivers,for home entertainment systems.Echo has been losing market share in recent years due to the competitive pricing of other audio component manufacturers that engage in outsourcing.Echo managers are attempting to convince Nathan Douglas,the firm's founder and CEO,that outsourcing would enable the firm to be more competitive without sacrificing quality.
-Which of the following is most likely a potential benefit for Echo if it outsources some of its manufacturing activities?

Accepted Answer

A) heightened communications awareness 
B) increased activity in e-commerce sales 
C) strong intellectual property protection 
D) eliminating the exposure of assets to political risk 
A) heightened communications awareness 
B) increased activity in e-commerce sales 
C) strong intellectual property protection 
D) eliminating the exposure of assets to political risk

Question 13

Explain the concept of capital structure as it applies to a company with international operations.

Accepted Answer

The capital structure of a company is th

Question 14

Scenario: Wilson Industries Inc.
Wilson Industries Inc.is a multinational firm that designs and produces premium leather bags for major destinations worldwide.The company's board of directors is meeting to discuss changes that might be needed in the company's operations.
-The board will also examine new production techniques the company could use to create its product.This examination is a part of ________.

Accepted Answer

A) capacity planning 
B) process planning 
C) facilities location planning 
D) centralized production 
A) capacity planning 
B) process planning 
C) facilities location planning 
D) centralized production

Question 15

Why might companies decide to reinvest,scale back,or divest local operations?

Accepted Answer

Companies maintain the current level of

Question 16

Debt appeals to companies because it lowers the amount of taxes the companies must pay.

Accepted Answer

A) True 
 B)False

Question 17

________ refers to a situation in which facilities are spread over several locations,with one facility for each national business environment in which the company markets its products.

Accepted Answer

A) Continuous production 
B) Decentralized production 
C) Vertical integration 
D) Lean production 
A) Continuous production 
B) Decentralized production 
C) Vertical integration 
D) Lean production

Question 18

The ISO 9000 is a production technique in which inputs to the production process arrive exactly when they are needed.

Accepted Answer

A) True 
 B)False

Question 19

A company often undertakes in-house production when it can manufacture a product for less than it must pay another business to produce it.

Accepted Answer

A) True 
 B)False

Today,due to improved technology,it is fairly easy to persuade an outside supplier to make significant modifications to a component.

The decentralization of production facilities is a typical policy for companies that pursue ________.

A loan in which a parent company deposits money with a host-country bank,which then lends the money to a subsidiary located in the host country is called a ________.

Just-in-time manufacturing drastically reduces the costs associated with large inventories in the production process.

An Asian jewelry company maintains production facilities in South Korea,Vietnam,and Malaysia.Which of the following is the company exemplifying?

How is process planning affected by a company's business-level strategy? How can outsourcing lower risk for firms?

Which of the following factors has the least effect on facilities layout planning?

Transportation costs are one of the driving forces behind the globalization of the ________ industry.

A company using just-in-time (JIT)manufacturing involves ________.

Deciding the sequence of operations a company will use to create its product is called ________.

Explain the concept of capital structure as it applies to a company with international operations.

Why might companies decide to reinvest,scale back,or divest local operations?

Debt appeals to companies because it lowers the amount of taxes the companies must pay.

________ refers to a situation in which facilities are spread over several locations,with one facility for each national business environment in which the company markets its products.

The ISO 9000 is a production technique in which inputs to the production process arrive exactly when they are needed.

A company often undertakes in-house production when it can manufacture a product for less than it must pay another business to produce it.

Globalization

Cross-Cultural Business

Politics, Law, and Business Ethics

Economics and Emerging Markets

International Trade

Business-Government Trade Relations

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Money System

International Strategy and Organization

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Hiring and Managing Employees

Filters

Exam 15: Managing International Operations

Today,due to improved technology,it is fairly easy to persuade an outside supplier to make significant modifications to a component.

The decentralization of production facilities is a typical policy for companies that pursue ________.

A loan in which a parent company deposits money with a host-country bank,which then lends the money to a subsidiary located in the host country is called a ________.

Just-in-time manufacturing drastically reduces the costs associated with large inventories in the production process.

An Asian jewelry company maintains production facilities in South Korea,Vietnam,and Malaysia.Which of the following is the company exemplifying?

How is process planning affected by a company's business-level strategy? How can outsourcing lower risk for firms?

Which of the following factors has the least effect on facilities layout planning?

Transportation costs are one of the driving forces behind the globalization of the ________ industry.

A company using just-in-time (JIT)manufacturing involves ________.

Deciding the sequence of operations a company will use to create its product is called ________.

Explain the concept of capital structure as it applies to a company with international operations.

Why might companies decide to reinvest,scale back,or divest local operations?

Debt appeals to companies because it lowers the amount of taxes the companies must pay.

________ refers to a situation in which facilities are spread over several locations,with one facility for each national business environment in which the company markets its products.

The ISO 9000 is a production technique in which inputs to the production process arrive exactly when they are needed.

A company often undertakes in-house production when it can manufacture a product for less than it must pay another business to produce it.

Globalization

Cross-Cultural Business

Politics, Law, and Business Ethics

Economics and Emerging Markets

International Trade

Business-Government Trade Relations

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Money System

International Strategy and Organization

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Hiring and Managing Employees

Filters