Reference no: EM132284082
1. Which is not a question addressed by the Balanced Scorecard approach?
A. How do we create value?
B. How do customers view us?
C. How do shareholders view us?
D. How do competitors view us?
E. What core competencies do we need?
2. Economic Value Added (EVA)
A. is the difference between a buyer's willingness to pay for a product/service and the firm's total cost to produce it.
B. and competitive advantage are fundamental concepts in strategic management.
C. can be either (or both) a short term measure or a long-term measure of performance.
D. can easily change over time.
E. is represented in all of the answers
3. A ___ cooperative strategy combined firms resources, capabilities/competencies to grow or diversify?
A business level
B corporate level
C industry level
D national level
4. Retailers expect suppliers to make frequent delivery of merchandise that includes a mix of different products in small quantities in what is called a:
a) partial truckload.
b) mixed truckload.
c) partial pallet.
d) mixed pallet.
5. With _________, customers post contracts for items they want to purchase so that suppliers can bid on.
a) None of these answer choices is correct.
b) reverse auctions
c) e-marketplaces
d) e-procurement
6. The purchasing of goods and services from suppliers is called:
a) sourcing.
b) None of these answer choices is correct.
c) procurement.
d) outsourcing.
7. The purchasing of goods and services from suppliers is called:
a) sourcing.
b) offshoring.
c) procurement.
d) None of these choices is correct.