Questions Ch. 9

Questions Ch. 9 - Chapter 9 Producing World-Class Goods and...

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Chapter 09: Producing World-Class Goods and Services 9-1 Chapter 9 Producing World-Class Goods and Services
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Chapter 09: Producing World-Class Goods and Services 9-2 1. In recent years, the service sector of the U.S. economy has done which of the following? a. Grown much more rapidly than the manufacturing sector b. Become the low-wage sector of the U.S. economy c. Achieved extremely high productivity gains according to government reports d. Focused less on quality and more on reducing costs of production
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Chapter 09: Producing World-Class Goods and Services 9-3 2. Efforts to redesign and rebuild America's manufacturing base likely to: a. Fade in importance as foreign manufacturers continue to gain control of important markets b. Continue to be an important issue in the near future c. Focus on government efforts to foster performance in a few key industries d. Give way to an intense effort to convert the U.S. to an entirely service-based economy
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Chapter 09: Producing World-Class Goods and Services 9-4 3. Which of the following will the U.S. have to do to strengthen its manufacturing base in the future? a. Uncover lower wage workers in the U.S. to compete with China b. Continue to innovate c. Support students in high school and college interested in studying the arts d. Cut the amount of benefits offered to workers
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Chapter 09: Producing World-Class Goods and Services 9-5 4. The resurgence of U.S. manufacturing firms in recent years can be credited to which of the following? a. The government’s willingness to implement policies designed to protect U.S. firms from low-cost foreign competition. b. A decision by many U.S. manufacturers to drastically reduce costs by making more extensive use of mass production techniques. c. A number of significant changes in both the production techniques and management styles used by U.S. firms. d. A relaxation of government laws that has allowed manufacturing firms to merge more easily, thus achieving stronger market positions.
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9-6 5. The specialized area of management that converts or transforms resources into goods and services is called a. logistics management. b. resource engineering.
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This note was uploaded on 02/26/2012 for the course BMGT 110 taught by Professor Nelson during the Spring '08 term at Maryland.

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Questions Ch. 9 - Chapter 9 Producing World-Class Goods and...

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