Page 312 - GMAT 2017b_Neatb

Business Management Test

(E) strengths and threats 44. Cost cutting in international operations can take
place because of
39. Which of these organizations is likely to have the (A) lower taxes and tariffs
most complex inventory decisions? (B) lower wage scales
(A) a marketing research firm (C) lower indirect labor costs
(B) a stock brokerage firm (D) less stringent regulations
(E) all of the above
(C) a management consulting firm
(D) a computer manufacturing company
45. Which of the following is not a reason for
(E) a high school globalizing operations?
(A) reduce costs
40. The three steps of the operations manager's job, in (B) improve supply-chain
order, are (C) stockholder approval ratings
(A) develop the strategy, establish the (D) attract new markets
organizational structure, find the right staff
46. Multinational organizations can shop from
(B) develop the strategy, find the right staff,
country to country and cut costs through a.
establish the organizational structure lower wage scales
(C) find the right staff, establish the organizational (A) lower wage scales
structure, develop the strategy (B) lower indirect labor costs
(D) find the right staff, develop the strategy, (C) less stringent regulations
establish the organizational structure (D) lower taxes and tariffs
(E) all of the above
(E) establish the organizational structure, find the
right staff, develop the strategy
47. The term maquiladora is most synonymous with
(A) cheap labor zones
41. When developing the operations strategy for a new (B) Chinese forced labor camps
manufacturing organization, one of the most (C) free trade zones
important considerations is that (D) areas that do not meet U.S. standards for
(A) it requires minimal capital investment workplace safety and pollution
(B) it utilizes as much automation as possible (E) none of the above
(C) it utilizes an equal balance of labor and
48. Which of the following represent reasons for
automation
globalizing operations?
(D)it supports the overall competitive strategy of
(A) reduce costs
the company (B) improve supply-chain
(E) none of the above (C) attract new markets
(D) attract and retain global talent
42. The "new standards of global competitiveness" (E) all of the above are valid
include all of the following except
49. Which of the following does not represent
(A) quality
reasons for globalizing operations?
(B) maquiladora
(A) reduce costs
(C) timeliness (B) improve supply-chain
(D) customization (C) reduce responsiveness
(D) attract and retain global talent
43. "Coca-Cola" is described in the textbook as a
product. 50. NAFTA seeks to
(A) global (A) substitute cheap labor in Mexico for
(B) domestic expensive labor in the United States
(C) service (B) curb illegal immigration from Mexico to the
(D) none of the above United States

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