Question

36.

Which of the following production strategies is most appropriate for a differentiated business?

		Emphasize quality in operations even when the cost of doing so is high.
		Emphasize quality in operations when the cost of doing so is relatively low.
		Emphasize operation efficiencies through learning, economies of scale, and capital-labor substitution possibilities.
		Emphasize specialized quality in operations even when costs are high.

37.

Which is the best competitive approach to global markets?

		Develop distinct strategies for each market.
		Maintain a fairly consistent strategy across global markets.
		Both A&B represent sound approaches.
		Neither A nor B represents a sound approach.

43.

The perspective suggesting that people and their skills and abilities represent the only resource that cannot readily be reproduced by a firm’s competitors if it is deemed to be a source of competitive advantage is known as

		capital assessment.
		resource based theory.
		knowledge management.
		None of the above.

Answer 1

36. Emphasize quality in operations even when the cost of doing so is high is the production strategy which is most appropriate for a differentiated business.

37. Both A&B represent sound approaches. Develop distinct strategies for each market, and Maintain a fairly consistent strategy across global markets, both are best competitive approaches to global markets.

43. Knowledge management is the term which is used for the perspective suggesting that people and their skills and abilities represent the only resource that cannot readily be reproduced by a firm’s competitors if it is deemed to be a source of competitive advantage.