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GSCM 310 Final Exam Questions With Complete Solutions 2022

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Chrysler develops a universally sized radiator cap to reduce assembly time. This is an example of - economies of scale It is rare to find a single manufacturer who can deliver on cost and dependability - False According to the global manufacturing model, if the clothing industry in Bangladesh...

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  • 23 augustus 2022
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Chrysler develops a universally sized radiator cap to reduce assembly time. This is an
example of - economies of scale

It is rare to find a single manufacturer who can deliver on cost and dependability - False

According to the global manufacturing model, if the clothing industry in Bangladesh
matures, trends suggest that in 10-20 years, it will be able to compete with the high
quality clothing industry in which one of the following countries? - Italy

_______ suggests that although in the short term it is possible to trade off capabilities
one against the other, there is actually a hierarchy amongst the four capabilities. - Sand
cone model: quality, dependability, speed, cost

Clothing exporting accounts for about 80% of this country's annual total exports -
Bangladesh

The components of the Dodge Ram are inherently more American than those of foreign
manufacturers like Toyota - False

The conventional trade-off model states that unless there is some slack in the system,
improving any one of the four basic manufacturing capabilities - Quality, Dependability,
Speed and Cost - must necessarily be at the expense of ______________ or more of
the other three. - One

According to Deloitte's Global Manufacturing Competitiveness Index, cost is the single
most important aspect of determining a country's manufacturing competitiveness. -
False

How do you judge whether or not a suit is high quality? - The fit

According to Ferdows and de Meyer, the trade-off theory applies in all cases. - False

Mark claims that once you get his business he will be your best _________. - Customer

Traeger was what percent of Mr. Joe's business? - 95%

Which of the following wasn't a worry of Mark's after he found the knockoff grills online?
- The other grills would gain market share

, Mark never looked for a win-win negotiation. He just made sure that he would come out
on top. - False

In July of 2017 Mark fulfilled his promise and buried Mr. Joe. - True

When Mr. Joe heard that Mark knew about him manufacturing grills for someone else
he apologized. - False

After Mark found another grill that Mr. Joe was manufacturing, what did he do? -
Nothing

According to Mark, what does TAM stand for? - Total addressable market

According to Mark, Patience protected his business and his customers. - True

What company did Mark work for before going to Traeger? - Skull candy

What is the end goal of China's One Belt One Road policy? - To connect Europe and
Asia with a new silk road

An iphone has parts from over ________ countries? - 80

What is the vision for the African Continental Free Trade Agreement (AfCFTA)
discussed in the video about Africa's free trade zone? - Meant to strengthen inter-
african trade

Among the top 30 performers in the LPI, ___ % of shipments fail to meet the quality
criteria set by those countries. - 10%

Free trade zones, containers, and good infrastructure provide global markets with -
Greater efficiency in Global Trade
Easier transaction in global trade
Capabilities for countries to increase trade

According to the video on Air Freight, what is the link between eCommerce and air
freight - eCommerce's quick fulfillment expectations drives great need for global air
freight

Implementing effective logistics infrastructure in impoverished countries can help to
alleviate poverty and increase economic well-being. - True

According to the Logistics Performing Index (LPI) studied in the module, which country
ranks last? - Syria

Countries with the best logistics tend to be high-income, while countries with poor
logistics tend to be low-income - True

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