The fundamental purpose of an organization's mission statement is to:
A) create a good human relations climate in the organization.
B) define the organization's purpose in society.
C) define the operational structure of the organization.
D) generate good public relations for the organization.
E) define the functional areas required by the organization.
Answer: B
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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?
- Cost minimization is an appropriate strategy in which stage of the product life cycle?
- 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?