Comp xm 2 Exam/ 15 Questions
with Complete Solutions/ 100%
Pass Rate
Review the Inquirer to determine Chester's current strategy. How will
they seek a competitive advantage? From the following list, select the
top five sources of competitive advantage that Chester would be most
likely to pursue. - -b) Reduce labor costs through training and
recruitment
c) Seek the lowest price in their target market while
e) Offer attractive credit terms
g) Seek high automation levels
h) Seek high plant utilization, even if it risks occasional small stockouts
One wrong answer
a) Reduce cost of goods through TQM initiatives
maintaining a competitive contribution margin
d) Increase demand through TQM initiatives
f) Accept lower plant utilization and higher capacities to insure sufficient
capacity is available to meet demand
i) Seek excellent product designs, high awareness, and high accessibility
j) Add additional products
-You were recently selected for an important 2-year overseas
assignment in Qatar. This is a big career opportunity and a chance to
work in a high-growth region of your company's business. You just
returned from a week long trip to Qatar, which was part of the
introduction to your new team and your soon-to-be new home. You
certainly became aware that there were some noticeable cultural
differences between your country and Qatar. You are scheduled to move
in 3 months. Which of the following actions would be the MOST
EFFECTIVE approach for improving your cultural competence? - -Create
a list of the things that you found to be different than what you
expected during your visit and plan some strategies for adjusting to
these differences.
-One of your team members, Ted, has not been accomplishing his fair
share of the work and because of this your team's performance is
suffering. Which of the following actions would be most effective to get
Ted to do his fair share? - -Talk to Ted to understand why he is having
problems with his share of the work.
-Every time your colleague faces a dilemma she is fond of saying, "I
believe it's all about the benefits outweighing the costs." She clearly
favors which form of ethical guidance? - -Utilitarianism
with Complete Solutions/ 100%
Pass Rate
Review the Inquirer to determine Chester's current strategy. How will
they seek a competitive advantage? From the following list, select the
top five sources of competitive advantage that Chester would be most
likely to pursue. - -b) Reduce labor costs through training and
recruitment
c) Seek the lowest price in their target market while
e) Offer attractive credit terms
g) Seek high automation levels
h) Seek high plant utilization, even if it risks occasional small stockouts
One wrong answer
a) Reduce cost of goods through TQM initiatives
maintaining a competitive contribution margin
d) Increase demand through TQM initiatives
f) Accept lower plant utilization and higher capacities to insure sufficient
capacity is available to meet demand
i) Seek excellent product designs, high awareness, and high accessibility
j) Add additional products
-You were recently selected for an important 2-year overseas
assignment in Qatar. This is a big career opportunity and a chance to
work in a high-growth region of your company's business. You just
returned from a week long trip to Qatar, which was part of the
introduction to your new team and your soon-to-be new home. You
certainly became aware that there were some noticeable cultural
differences between your country and Qatar. You are scheduled to move
in 3 months. Which of the following actions would be the MOST
EFFECTIVE approach for improving your cultural competence? - -Create
a list of the things that you found to be different than what you
expected during your visit and plan some strategies for adjusting to
these differences.
-One of your team members, Ted, has not been accomplishing his fair
share of the work and because of this your team's performance is
suffering. Which of the following actions would be most effective to get
Ted to do his fair share? - -Talk to Ted to understand why he is having
problems with his share of the work.
-Every time your colleague faces a dilemma she is fond of saying, "I
believe it's all about the benefits outweighing the costs." She clearly
favors which form of ethical guidance? - -Utilitarianism
