Which of the following has progressed the FURTHEST along its product life cycle?

Who introduced the concept of value-chain analysis?
A) Ford
B) Toyota
C) Porter
D) Smith
E) Gates

5) Value-chain analysis can be used to determine if a
business is adding unique value in which of the following areas?
A) product research
B) human resources
C) process innovation
D) quality management
E) all of the above

6) Which of the following is not part of value-chain
analysis?
A) product research
B) quality management
C) supply chain management
D) marketing
E) human resources

7) Which of the following environmental factors has not
contributed to Microsoft’s changing strategy?
A) Google
B) security issues
C) faster processors
D) the Internet
E) global warming

8) Standardization is an appropriate strategy in which
stage of the product life cycle?
A) introduction
B) growth
C) maturity
D) decline
E) retirement

9) Cost minimization is an appropriate strategy in which
stage of the product life cycle?
A) introduction
B) growth
C) adolescence
D) decline
E) retirement

10) 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?
A) increase capacity
B) long production runs
C) standardization
D) cost cutting
E) fewer rapid product changes

11) 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?
A) forecasting
B) cost cutting
C) increasing capacity
D) product and process reliability
E) enhancing distribution

12) Which of the following has progressed the FURTHEST
along its product life cycle?
A) drive-through restaurants
B) Boeing 787
C) iPods
D) 3-D game players
E) Xbox 360

13) Which of the following has made the LEAST progress
along its product life cycle?
A) drive-through restaurants
B) Boeing 787
C) iPods
D) 3-D game players
E) Xbox 360
4) Who introduced the concept of value-chain analysis?A) FordB) ToyotaC) PorterD) SmithE) Gates5) Value-chain analysis can be used to determine if a
business is adding unique value in which of the following areas?A) product researchB) human resourcesC) process innovationD) quality managementE) all of the above6) Which of the following is not part of value-chain
analysis?A) product researchB) quality managementC) supply chain managementD) marketingE) human resources7) Which of the following environmental factors has not
contributed to Microsoft’s changing strategy?A) GoogleB) security issuesC) faster processorsD) the InternetE) global warming8) Standardization is an appropriate strategy in which
stage of the product life cycle?A) introductionB) growthC) maturityD) declineE) retirement9) Cost minimization is an appropriate strategy in which
stage of the product life cycle?A) introductionB) growthC) adolescenceD) declineE) retirement10) 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?A) increase capacityB) long production runsC) standardizationD) cost cuttingE) fewer rapid product changes11) 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?A) forecastingB) cost cuttingC) increasing capacityD) product and process reliabilityE) enhancing distribution12) Which of the following has progressed the FURTHEST
along its product life cycle?A) drive-through restaurantsB) Boeing 787C) iPodsD) 3-D game playersE) Xbox 36013) Which of the following has made the LEAST progress
along its product life cycle?A) drive-through restaurantsB) Boeing 787C) iPodsD) 3-D game playersE) Xbox 360

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