The resources and capabilities that lead to the formation of distinctive competencies are mostly created at which level of the organization?
Question 1
Flexible production technology is sometimes referred to as:
(a) Just-in-time manufacturing
(b) Quick technology
(c) Lean production
(d) Stable production
(e) Unscheduled manufacturing
Question 2
Learning effects are a result of:
(a) Automation
(b) Learning by doing
(c) Sound product planning tactics
(d) Diseconomies of scale
(e) Product standardization
Question 3
Effective vision statements include:
(a) All strategic directions of the organizations
(b) A brief statement of the company’s direction
(c) Strategic posturing and future objectives
(d) Financial objectives and projected figures
Question 4
Sam Walton wanted Walmart to keep costs low. There’ force, as an example to others, he drove his own car and furnished his office with plain, steel desks. In this case, Mr. Walton was displaying his:
(a) Commitment.
(b) Vision
(c) Astute use of power
(d) Emotional intelligence
(e) Eloquence
Question 5
In contrast to an organization’s vision, its mission should:
(a) Be shorter in length.
(b) Encompass both the purpose of the company as well as the basis of competition
(c) Encompass all the major rules and regulations of the corporate work force
(d) Be less details
Question 6
The resources and capabilities that lead to the formation of distinctive competencies are mostly created at which level of the organization?
(a) Business
(b) Functional
(c) Corporate
(d) Global
(e) Industry
Question 7
Cost reduction pressures can be particularly intense in industries producing:
(a) Commodity-type products
(b) Highly differentiated products
(c) Goods that do not complete on the basis of price
(d) Goods servicing narrowly defined markets.
(e) Highly advertised goods
