Management Notes

Reference Notes for Management

The term maquiladora is most synonymous with 

The term maquiladora is most synonymous with 

The term maquiladora is most synonymous with 

 Options:

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.

The Correct Answer Is:

A. free trade zones in Mexico.

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The service sector has lower productivity improvements than the manufacturing sector because 

The service sector has lower productivity improvements than the manufacturing sector because 

The service sector has lower productivity improvements than the manufacturing sector because 

 Options:

A. the service sector uses less skilled labor than manufacturing.
B. the quality of output is lower in services than manufacturing.
C. services usually are labor-intensive.
D. service sector productivity is hard to measure.
E. the service sector is often easy to mechanize and automate

The Correct Answer Is:

C. services usually are labor-intensive.

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A “think local, act local” multidomestic type of strategy 

A "think local, act local" multidomestic type of strategy 

Looking for the answer to the question below related to Management? A “think local, act local” multidomestic type of strategy   Options: A. is very risky, given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods. B. is usually defeated by a “think global, act global” type of strategy. C. … Read more

One fundamental difference between a process chart and a flowchart is that:

One fundamental difference between a process chart and a flowchart is that:

Looking for the answer to the question below related to Management? One fundamental difference between a process chart and a flowchart is that:  Options: A. the process chart adds a time dimension to the horizontal axis, while a flowchart is not time-oriented. B. the process chart includes the supply chain, while the flowchart stays within … Read more

Mrp ii is accurately described as 

Mrp ii is accurately described as 

Mrp ii is accurately described as 

 Options:

A. MRP software designed for services.
B. MRP with a new set of computer programs that execute on microcomputers.
C. material resource planning.
D. an enhancement of MRP that plans for all levels of the supply chain.
E. a new generation of MRP software that extends MRP to planning and scheduling functions.

The Correct Answer Is:

C. material resource planning.

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Most people from western cultures tend to ______ when conveying bad news or negative feedback. 

Most people from western cultures tend to ______ when conveying bad news or negative feedback. 

Most people from western cultures tend to ______ when conveying bad news or negative feedback. 

 Options:

A. lean forward
B. smile
C. yawn
D. avoid eye contact
E. nod their heads

The Correct Answer Is:

  • D. avoid eye contact

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Compared to tangible resources, intangible resources are

Compared to tangible resources, intangible resources are

Compared to tangible resources, intangible resources are

 Options:

A. of less strategic value to the firm.
B. less likely to be the focus of strategic analysis.
C. a superior source of capabilities.
D. more likely to be reflected on the firm’s balance sheet.

The Correct Answer Is:

C. a superior source of capabilities.

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A material requirements plan contains information with regard to all of the following except: 

A material requirements plan contains information with regard to all of the following except: 

A material requirements plan contains information with regard to all of the following except: 

 Options:

A. quantities and required delivery dates of all subassemblies.
B. quantities and required delivery dates of final products.
C. the capacity needed to provide the projected output rate.
D. inventory on hand for each final product.
E. inventory on hand for each subassembly.

The Correct Answer Is:

C. the capacity needed to provide the projected output rate.

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Local communities are stakeholders of organizations because communities _____. 

Local communities are stakeholders of organizations because communities _____. 

Local communities are stakeholders of organizations because communities _____. 

 Options:

A. rely on the products the companies produce
B. rely on the tax base from companies, and their employee payrolls, to thrive
C. wish to join forces with organizations to create strategic alliances
D. need the publicity of national organizations
E. enjoy the changes that progress tends to bring

The Correct Answer Is:

B. rely on the tax base from companies, and their employee payrolls, to thrive

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