During 2007 - 08 SW Airlines utilized what very unusual strategy to increase profit?
a. Low cost fares
b. Free meals on board
c. Free cocktails
d. Fuel hedging - ️️d
What would be a good core competency to compete on flexibility?
Select an answer and submit. For keyboard navigation, use t...
During 2007 - 08 SW Airlines utilized what very unusual strategy to increase profit?
a. Low cost fares
b. Free meals on board
c. Free cocktails
d. Fuel hedging - ✔️✔️d
What would be a good core competency to compete on flexibility?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to
select an answer.
a. union workers
b. Workers that have many skills
c. Strict rules against job training
d. Strong upper management team - ✔️✔️b
What is a core competency that enables Walmart to compete on cost?
a. Large number of stores
b. Lower level product quality
c. Each store has its own purchasing department
d. Bulk purchases - ✔️✔️d
Why do we (US) import so much Canadian oil?
a. It's better quality
b. Actually we don't import any oil from Canada
c. Our currency is higher in valuation than the Canadian dollar
d. They throw in good Canadian whiskey for every gallon of oil we buy from them -
✔️✔️c
Why did productivity go up in 2008 - 09?
a. Workers got huge raises
b. Government spending increased sharply
c. Housing Bubble
d. Drug trade in the US dropped off
e. Many people went back to school - ✔️✔️c
Why did employment numbers drop after WW 2?
, a. Many quantitative techniques were perfected in the war
b. Women chose to become stay at home Moms
c. Demand dropped off sharply
d. Men back from the war didn't go back to their jobs - ✔️✔️a
A good core competency for a company to compete on cost?
a. High priced labor
b. Good relationship with outside contractors
c. Excellent R&D
d. Very strong union presence - ✔️✔️b
What is a good way to measure level of innovation?
A. Average length of time to develop new products/services
b. Sales on current products/services
c. Amount of money spent on marketing
d. Average age of employees - ✔️✔️a
How does China maintain such a low currency valuation?
a. By employing alien labor
b. By dumping currency into the economy
c. By utilizing old world technology
d. China's currency valuation is rising steadily - ✔️✔️b
Forecasts may be influenced by a product's position in its life cycle.
a. True
b. False
c. Only when the product is 10 years old - ✔️✔️a
What is the forecast for May using a four-month moving average?
Nov. 39
Dec. 36
Jan. 40
Feb 42
Mar 48
April 46 - ✔️✔️44
John's House of Pancakes uses a weighted moving average method to forecast
pancake sales. It assigns a weight of 5 to the previous month's demand, 3 to demand
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