Cost minimization is an appropriate strategy in which stage of the product life cycle?
A) introduction
B) growth
C) adolescence
D) decline
E) retirement
Answer: D
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Operation Management Chapter 2
- Caterpillar and Texas Instruments are two firms that have benefited from the use of:
- The acronym MNC stands for
- Which of the international operations strategies uses the existing domestic model globally?
- Which of the international operations strategies uses import/export or licensing of existing products?
- Which of the international operations strategies involves low cost reductions and low local responsiveness?
- Which of the international operations strategies involves high cost reductions and high local responsiveness?
- Advantages of outsourcing do NOT include:
- Which of the following is not an advantage of outsourcing?
- Which of the following statements is most accurate?
- What theory implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can?
- Outsourcing manufacturing is also known as:
- Outsourcing is simply an extension of the long-standing practice of:
- What is the practice of transferring a firm's activities that have traditionally been internal to external suppliers?
- Which of the following statements is most correct?
- Which of the following has made the LEAST progress along its product life cycle?
- Which of the following has progressed the FURTHEST along its product life cycle?
- Given the position of the 3D printer in the growth stage of its life cycle, which of the following OM Strategy/Issues should the makers of 3D printers be least concerned with at the current time?
- Which of the following OM strategy/issues should a firm with a product in the maturity stage of its life cycle be LEAST concerned with at the present time?
- Standardization is an appropriate strategy in which stage of the product life cycle?
- Which of the following environmental factors has not contributed to Microsoft's changing strategy?
- Which of the following is not part of value-chain analysis?
- Value-chain analysis can be used to determine if a business is adding unique value in which of the following areas?
- Who introduced the concept of value-chain analysis?
- Porter's Five Forces Model contains which of the following?