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GSCM 310 > Final more quiz questions > Flashcards

Final more quiz questions Flashcards

1
Q

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

A

one

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2
Q

T/F - according to Ferdows and de Meyer, the trade-off theory applies in all cases

A

FALSE

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3
Q

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

A

FALSE

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4
Q

____ 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

A

The sand cone model

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5
Q

T/F - according to Deloitte’s global manufacturing competitiveness index, cost is the single most important aspect of determining a country’s manufacturing competitiveness

A

FALSE

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6
Q

T/F - The components of the dodge ram are inherently more American than those of foreign manufacturers like Toyota

A

FALSE

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7
Q

Which production strategy is illustrated when Chrysler develops a universally sized radiator cap that can be used on all car models, therefore reducing assembly time?

A

economies of scale

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8
Q

clothing exporting accounts for about 80% of this country’s annual total exports

A

Bangladesh

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9
Q

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?

A

Italy

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10
Q

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

A

The fit

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11
Q

What does TAM stand for?

A

Total addressable market

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12
Q

What company did mark work for before going to Traeger?

A

Skull Candy

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13
Q

T/F - When Joe heard that Mark knew about him manufacturing grills for someone else he apologized

A

FALSE

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14
Q

after Mark found another grill that Mr. Joe was manufacturing, what did he do?

A

Nothing

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15
Q

T/F - In July of 2017, Mark fulfilled his promise and buried Mr. Joe

A

TRUE

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16
Q

Which of the following wasn’t a worry of Mark’s after he found the knockoff grills online?

A

Not that his brand is strong enough to beat competition (i got this one wrong)

so it is one of these

  • -he’s not worried about competition
  • -Mr. Joe is spending too much money
  • -the other grills would gain market share
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17
Q

mark claims that once you get his business he will be your best _____

A

customer

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18
Q

Trager was what percent of Mr. Joe’s business?

A

95%

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19
Q

T/F - According to Mark, Patience protected his business and his customers

A

TRUE

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20
Q

T/F - Mark never looked for a win-win negotiation. He just made sure he would come out on top.

A

FALSE

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21
Q

T/F - Countries with the best logistics tend to be high-income while countries with poor logistics tend to be low-income

A

TRUE

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22
Q

According to the video on Air-freight, what is the link btwn ecommerce and air freight?

A

Ecommerce’s quick fulfillment expectations drives great need for global air frieght

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23
Q

which country is excluded from China’s one belt, one road initiative?

A

Canada

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24
Q

T/F - implementing effective logistics infrastructure in impoverished countries can help alleviate poverty and increase economic well-being

A

TRUE

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25
Q

Free trade zones, containers, and good infrastructure provide global markets with

A

all of the above

  • -greater efficiency in global trade
  • -easier transactions in global trade
  • -capabilities for countries to inc. trade
26
Q

what is the vision for the African Continental Free trade agreement (AfCFTA) discussed in the video about Africa’s free trade zone?

A

It is meant to strengthen inter-African trade

27
Q

According to the logistics performing index (LPI) studied in the module, which country ranks last?

A

Syria

28
Q

An iphone has parts from over ___ countries

A

80

29
Q

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

A

10%

30
Q

what is the end goal of China’s one belt one road policy?

A

to connect Europe and Asia with a new silk road

31
Q

T/F - Up to 48 diff. companies can touch a pharmaceutical product before it arrives on the pharmacy shelf

A

FALSE

32
Q

In China, the tactic of killing one or two gov. officials is called

A

slaughtering a chicken to warn the monkeys

33
Q

how many deaths are caused on roads each year bc of faulty fake car parts?

A

over 36,000

34
Q

According to Dr. Minxin Pei of the Carnegie Endowment for International Peace how many Chinese government officials annually convicted of corruption actually go to jail?

A

3%

35
Q

Which parties play a role in reducing and ultimately eradicating the problem of illicit trade?

A

all of these parties

  • -business
  • -gov.
  • -consumers
36
Q

How many knock off bags were being made each week at the Chinese factory infiltrated by Ted Kavowras and his team?

A

over 10,000

37
Q

Which of the following organizations/entities is the main facilitator of illicit trade through the port of Naples?

A

The Camorra

38
Q

Counterfeit medications

A

are quite dangerous and have lead to multiple deaths

39
Q

In bulgaria following the fall of communism how many law enforcement professionals lost their jobs and are said to have joined or been hired by the Bulgaria Mafia?

A

14,000

40
Q

T/F - According to Misha Glenny the main driver of illegal trade is western consumers overwhelming desire to consume

A

TRUE

41
Q

what are the three elements of the fraud triangle?

A

Perceived pressure, perceived opportunity, rationalization

42
Q

according to Prof. Heather Widdows, global ethics is imp. bc

A

our decisions now will affect future generations

43
Q

what was Timothy Ballard’s focus while he worked at US-Mexico port of entry in Calexico?

A

child exploitation and trafficking cases

44
Q

According to the video, how were Timothy Ballard and his team able to get into one of the most dangerous regions for child trafficking?

A

they pretended to be doctors

45
Q

Sarah and Rachel are good friends. Sarah is a TA for a class that Rachel is currently enrolled in and has the ability to change students’ grades in the class. Rachel is struggling in the class and has started asking Sarah to change her grades in the grade book. Sarah is reluctant to help because she knows it would be wrong. What element of the fraud triangle is not contributing to Sarah’s motivation to help Rachel?

A

Rationalization

46
Q

According to the reading, to limit our perceived pressures we could:

A

live within our means

47
Q

Which of the following areas of study was explained in the course as having inc. importance in ensuring the ethical integrity of global supply chains?

A

Global ethics

48
Q

According to Tim Ballard, which scripture saved his life from traffickers?

A

Alma 58:11

49
Q

What did Bill O’Rouke say was a major reason for slowdowns of some of Alcoa’s truck shipments in Russia?

A

Police demanding of bribes

50
Q

At which point in supply chain will your ethical values need to be intact?

A

always

51
Q

what is the “closed loop fund” that Walmart helped to launch?

A

A group of large companies that invest in recycling infrastructure and try to put more recycled materials into manufactured goods supply chains

52
Q

Walmart has made significant progress towards achieving its goal of zero waste. Why does this particular goal seem to fit Walmart’s culture better than renewable energy goals and greener products?

A

Walmart tends to focus on reducing waste to lower costs

53
Q

What are Walmart’s three big sustainability goals?

A

All of the above

  1. zero waste
  2. 100% renewable energy
  3. greener products
54
Q

According to the Dean Kamen article, which is not a drawback to the water purification tools that exist?

A

Not compatible with local gov. regulations

some drawbacks ARE

  • -not adequately portable
  • -req. replacement parts that can be hard to come by
  • -remove only certain kinds of impurities
55
Q

Which major comp. is able to help make the Slingshot a reality due to the fact that it has arguably the largest, most sophisticated distribution system in the world?

A

Coca-Cola

56
Q

According to the video from ASU, the relationship btwn good supply chain mgmt. and corp. social responsibility is ___

A

strategic. Supply chain managers can create competitive advantage over competitors by investing in responsible supply chains

57
Q

according to the BCG article, companies that are effective at addressing social challenges tend to be rewarded with ___

A

higher margins and higher TSR (Total shareholder return)

58
Q

It is estimated that 30% of the food grown in India is wasted during harvest and distribution. According to the TED talk you watched what is one of the causes of this waste?

A

Lack of temp. controlled supply chain facilities

59
Q

Which of the following is a driver of food waste according to the BCG article?

A

All of the above

  • -awareness of the issue
  • -lack of investment in supply chain infrastructure
  • -lack of efficiency efforts targeting at food loss and waste
60
Q

T/F - The ekocenter program will be owned and operated by its U.S. parent comp.

A

FALSE

GSCM 310 (3 decks)

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