Question 1

An organization that is twice as productive as its competitor will be twice as profitable.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is not a key step toward improving productivity?

Accepted Answer

A)  developing productivity measures for all operations
B)  improving the bottleneck operations
C)  establishing reasonable goals for improvement
D)  considering incentives to reward workers
E)  converting bond debt to stock ownershipF) A) and B)
G) None of the above

Question 3

As long as we match a competitor on quality and price we will gain market share.

Accepted Answer

A) True 
 B)False

Question 4

Productivity is defined as the ratio of output to input.

Accepted Answer

A) True 
 B)False

Question 5

Wage and salary increases that are not accompanied by productivity increases tend to exert inflationary pressures on a nation's economy.

Accepted Answer

A) True 
 B)False

Question 6

Core competencies in organizations generally relate to:

Accepted Answer

A)  cost
B)  quality
C)  time
D)  flexibility
E)  all of the aboveF) C) and D)
G) None of the above

Question 7

Competitiveness doesn't include:

Accepted Answer

A)  Productivity
B)  Effectiveness
C)  Profitability
D)  Operations Strategy
E)  Operations ManagementF) C) and D)
G) B) and E)

Question 8

In the past, a significant reason why U.S.productivity was the highest in the world was high:

Accepted Answer

A)  agricultural productivity
B)  manufacturing productivity
C)  labor productivity
D)  savings productivity
E)  governmental productivityF) B) and D)
G) A) and D)

Question 9

Quality-based strategies focus on customer satisfaction by ensuring that each product is carefully and thoroughly inspected prior to delivery to prevent sending out bad product.

Accepted Answer

A) True 
 B)False

Question 10

Mission statements should be as specific as possible regarding exactly how they will be accomplished.

Accepted Answer

A) True 
 B)False

Question 11

Organizational strategy should be determined without considering the realities of functional area strengths and weaknesses since they can be changed to meet our strategy.

Accepted Answer

A) True 
 B)False

Question 12

Competitiveness relates to the profitability of an organization in the marketplace.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is not a factor that affects productivity?

Accepted Answer

A)  computer viruses
B)  design of the workspace
C)  use of the Internet
D)  standardizing processes
E)  wireless cellular phonesF) A) and D)
G) A) and E)

Exam 2: Competitiveness, Strategy, and Productivity

Productivity is defined as the ratio of output to input.

Correct Answer
verified

Mission statements should be as specific as possible regarding exactly how they will be accomplished.

Correct Answer
verified

As long as we match a competitor on quality and price we will gain market share.

Correct Answer
verified

Quality-based strategies focus on customer satisfaction by ensuring that each product is carefully and thoroughly inspected prior to delivery to prevent sending out bad product.

Correct Answer
verified

Which of the following is not a key step toward improving productivity?

Correct Answer
verified

Wage and salary increases that are not accompanied by productivity increases tend to exert inflationary pressures on a nation's economy.

Correct Answer
verified

Competitiveness doesn't include:

Correct Answer
verified

Competitiveness relates to the profitability of an organization in the marketplace.

Correct Answer
verified

An organization that is twice as productive as its competitor will be twice as profitable.

Correct Answer
verified

In the past, a significant reason why U.S.productivity was the highest in the world was high:

Correct Answer
verified

Core competencies in organizations generally relate to:

Correct Answer
verified

Organizational strategy should be determined without considering the realities of functional area strengths and weaknesses since they can be changed to meet our strategy.

Correct Answer
verified

Which of the following is not a factor that affects productivity?

Correct Answer
verified

Exam 2: Competitiveness, Strategy, and Productivity

Productivity is defined as the ratio of output to input.

Correct AnswerverifiedShow Answer

Mission statements should be as specific as possible regarding exactly how they will be accomplished.

Correct AnswerverifiedShow Answer

As long as we match a competitor on quality and price we will gain market share.

Correct AnswerverifiedShow Answer

Quality-based strategies focus on customer satisfaction by ensuring that each product is carefully and thoroughly inspected prior to delivery to prevent sending out bad product.

Correct AnswerverifiedShow Answer

Which of the following is not a key step toward improving productivity?

Correct AnswerverifiedShow Answer

Wage and salary increases that are not accompanied by productivity increases tend to exert inflationary pressures on a nation's economy.

Correct AnswerverifiedShow Answer

Competitiveness doesn't include:

Correct AnswerverifiedShow Answer

Competitiveness relates to the profitability of an organization in the marketplace.

Correct AnswerverifiedShow Answer

An organization that is twice as productive as its competitor will be twice as profitable.

Correct AnswerverifiedShow Answer

In the past, a significant reason why U.S.productivity was the highest in the world was high:

Correct AnswerverifiedShow Answer

Core competencies in organizations generally relate to:

Correct AnswerverifiedShow Answer

Organizational strategy should be determined without considering the realities of functional area strengths and weaknesses since they can be changed to meet our strategy.

Correct AnswerverifiedShow Answer

Which of the following is not a factor that affects productivity?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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